30-U.S.C.-360

30-U.S.C.-360

§360 – Authority to Manage Certain Mineral Leases

Pathway

Title 30 > Chapter 7 > Section 360

Details

  • Reference: Section 360
  • Legend: §360 – Authority to Manage Certain Mineral Leases
  • USCode Year: 2013

Provision Content

Each department, agency and instrumentality of the United States which administers lands acquired by the United States with one or more existing mineral lease shall transfer to the Secretary of the Interior the authority to administer such lease and to collect all receipts due and payable to the United States under the lease. In the case of lands acquired on or before October 24, 1992, the authority to administer the leases and collect receipts shall be transferred to the Secretary of the Interior as expeditiously as practicable after October 24, 1992. In the case of lands acquired after October 24, 1992, such authority shall be vested with the Secretary at the time of acquisition. The provisions of section 355 of this title shall apply to all receipts derived from such leases where such receipts are due and payable to the United States under the lease in the same manner as such provisions apply to receipts derived from leases issued under the authority of this chapter. For purposes of this section, the term existing mineral lease means any lease in existence at the time land is acquired by the United States. Nothing in this section shall be construed to affect the existing surface management authority of any Federal agency.

(Aug. 7, 1947, ch. 513, §11, as added Pub. L. 102–486, title XXV, §2506(b), Oct. 24, 1992, 106 Stat. 3106.)

U.S. Encyclopedia of Law Coverage

30-U.S.C.-355 in the Legal Encyclopedia: Mining

In this entry about 30-U.S.C.-355, find legal reference material, bibliographies and premiere content related to mining in the American Encyclopedia of Law, presenting a comprehensive view of the United States mining-specific issues, written by authorities in the field.

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