§ 1010. — Suspension of operations and production; extension of lease term for period of suspension; waiver, suspension or reduction of rental or royalty.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 30USC1010]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 23--GEOTHERMAL STEAM AND ASSOCIATED GEOTHERMAL RESOURCES
Sec. 1010. Suspension of operations and production; extension of
lease term for period of suspension; waiver, suspension or
reduction of rental or royalty
The Secretary, upon application by the lessee, may authorize the
lessee to suspend operations and production on a producing lease and he
may, on his own motion, in the interest of conservation suspend
operations on any lease but in either case he may extend the lease term
for the period of any suspension, and he may waive, suspend, or reduce
the rental or royalty required in such lease.
(Pub. L. 91-581, Sec. 11, Dec. 24, 1970, 84 Stat. 1570.)