2017 US Code
Title 30 - Mineral Lands and Mining
Chapter 26 - Deep Seabed Hard Mineral Resources
Subchapter I - Regulation of Exploration and Commercial Recovery by United States Citizens
Sec. 1417 - Duration of licenses and permits
| 30 U.S.C. § 1417 (2017) |
| §1417. Duration of licenses and permits |
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(a) Duration of a license
Each license for exploration shall be issued for a period of 10 years. If the licensee has substantially complied with the license and the exploration plan associated therewith and has requested extensions of the license, the Administrator shall extend the license on terms, conditions, and restrictions consistent with this chapter and the regulations issued under this chapter for periods of not more than 5 years each. (b) Duration of a permitEach permit for commercial recovery shall be issued for a term of 20 years and for so long thereafter as hard mineral resources are recovered annually in commercial quantities from the area to which the recovery plan associated with the permit applies. The permit of any permittee who is not recovering hard mineral resources in commercial quantities at the end of 10 years shall be terminated; except that the Administrator shall for good cause shown, including force majeure, adverse economic conditions, unavoidable delays in construction, major unanticipated vessel repairs that prevent the permittee from conducting commercial recovery activities during an annual period, or other circumstances beyond the control of the permittee, extend the 10-year period, but not beyond the initial 20-year term of the permit. |
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(Pub. L. 96–283, title I, §107, June 28, 1980, 94 Stat. 567.) |
| United States Code, 2012 Edition, Supplement 5, Title 30 - MINERAL LANDS AND MINING |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 30 - MINERAL LANDS AND MINING CHAPTER 26 - DEEP SEABED HARD MINERAL RESOURCES SUBCHAPTER I - REGULATION OF EXPLORATION AND COMMERCIAL RECOVERY BY UNITED STATES CITIZENS Sec. 1417 - Duration of licenses and permits |
| section 1417 |
| 2017 |
| January 12, 2018 |
| No |
| standard |
| 94 Stat. 567 |
| Public Law 96-283 |
