2019 US Code
Title 30 - Mineral Lands and Mining
Chapter 23 - Geothermal Resources
Sec. 1012 - Waiver, suspension, or reduction of rental or royalty

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Citation 30 U.S.C. § 1012 (2019)
Section Name §1012. Waiver, suspension, or reduction of rental or royalty
Section Text

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.

Source Credit

(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.)

Editorial Notes AMENDMENTS

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

Publication Title United States Code, 2018 Edition, Supplement 1, Title 30 - MINERAL LANDS AND MINING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 30 - MINERAL LANDS AND MINING
CHAPTER 23 - GEOTHERMAL RESOURCES
Sec. 1012 - Waiver, suspension, or reduction of rental or royalty
Contains section 1012
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 84 Stat. 1570
119 Stat. 672
Public Law References Public Law 91-581, Public Law 109-58
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