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2003 U.S. Code
Title 30 - MINERAL LANDS AND MINING
CHAPTER 23 - GEOTHERMAL STEAM AND ASSOCIATED GEOTHERMAL RESOURCES
Sec. 1012 - Waiver, suspension, or reduction of rental or royalty
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§1012. Waiver, suspension, or reduction of rental or royalty
§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.
(Pub. L. 91–581, §13, Dec. 24, 1970, 84 Stat. 1570.)
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