30 USC 1012: Waiver, suspension, or reduction of rental or royalty
Text contains those laws in effect on December 24, 2024
From Title 30-MINERAL LANDS AND MININGCHAPTER 23-GEOTHERMAL RESOURCES
§1012. Waiver, suspension, or reduction of rental or royalty
The Secretary may waive, suspend, or reduce the rental or royalty for any lease or portion thereof in the interests of conservation and to encourage the greatest ultimate recovery of geothermal resources, if he determines that this is necessary to promote development or that the lease cannot be successfully operated under the lease terms.
(
Editorial Notes
Amendments
2005-