Waiver, suspension, or reduction of rental or royalty
About This Law
/us/usc/t30/s1012
Title
30 — Mineral Lands and Mining
Chapter
CH23
Release
119-84
Release Date
2026-04-17
Section Text
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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.)
Editorial Notes
Amendments2005—Pub. L. 109–58 inserted section catchline.
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