§ 224. — Payments for oil or gas taken prior to application for lease.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 30USC224]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 3A--LEASES AND PROSPECTING PERMITS
SUBCHAPTER IV--OIL AND GAS
Sec. 224. Payments for oil or gas taken prior to application for
lease
Until the permittee shall apply for lease to the one quarter of the
permit area heretofore provided for he shall pay to the United States 20
per centum of the gross value of all oil or gas secured by him from the
lands embraced within his permit and sold or otherwise disposed of or
held by him for sale or other disposition.
(Feb. 25, 1920, ch. 85, Sec. 15, 41 Stat. 442.)
Section Referred to in Other Sections
This section is referred to in title 10 sections 7421, 7435.
