30 U.S.C. § 1425 — Relinquishment, surrender, and transfer of licenses and permits

FEDERAL · 30 U.S.C. · Chapter 26

Relinquishment, surrender, and transfer of licenses and permits

Current through Pub. L. 119-102

Title 30 — Mineral Lands and Mining·Ch. 26 — DEEP SEABED HARD MINERAL RESOURCES·Subch. I

(a)Relinquishment and surrender Any licensee or permittee may at any time, without penalty—

(1)surrender to the Administrator a license or a permit issued to the licensee or permittee; or

(2)relinquish to the Administrator, in whole or in part, any right to conduct any exploration or commercial recovery activities authorized by the license or permit. Any licensee or permittee who surrenders a license or permit, or relinquishes any such right, shall remain liable with respect to all violations and penalties incurred, and damage to persons or property caused, by the licensee or permittee as a result of activities engaged in by the licensee or permittee under such license or permit.

(b)Transfer Any license or permit, upon written request of the licensee or permittee, may be transferred by

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(a) Relinquishment and surrender
Any licensee or permittee may at any time, without penalty—
(1) surrender to the Administrator a license or a permit issued to the licensee or permittee; or
(2) relinquish to the Administrator, in whole or in part, any right to conduct any exploration or commercial recovery activities authorized by the license or permit.
Any licensee or permittee who surrenders a license or permit, or relinquishes any such right, shall remain liable with respect to all violations and penalties incurred, and damage to persons or property caused, by the licensee or permittee as a result of activities engaged in by the licensee or permittee under such license or permit.
(b) Transfer
Any license or permit, upon written request of the licensee or permittee, may be transferred by the Administrator; except that no such transfer may occur unless the proposed transferee is a United States citizen and until the Administrator determines that (1) the proposed transfer is in the public interest, and (2) the proposed transferee and the exploration or commercial recovery activities the transferee proposes to conduct meet the requirements of this chapter and regulations issued under this chapter.

30 U.S.C. § 1425 (Relinquishment, surrender, and transfer of licenses and permits) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 96–283, title I, §115, June 28, 1980, 94 Stat. 572.)