30-U.S.C.-1012

30-U.S.C.-1012

§1012 – Waiver, Suspension, Or Reduction of Rental Or Royalty

Pathway

Title 30 > Chapter 23 > Section 1012

Details

  • Reference: Section 1012
  • Legend: §1012 – Waiver, Suspension, Or Reduction of Rental Or Royalty
  • USCode Year: 2013

Provision Content

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.

(Pub. L. 91–581, §13, Dec. 24, 1970, 84 Stat. 1570; Pub. L. 109–58, title II, §236(13), Aug. 8, 2005, 119 Stat. 672.)

Amendments

2005—Pub. L. 109–58 inserted section catchline.

U.S. Encyclopedia of Law Coverage

30-U.S.C.-963 in the Legal Encyclopedia: Mining

In this entry about 30-U.S.C.-963, 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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