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§ 316f. —  Terms and conditions of 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: 43USC316f]

 
                         TITLE 43--PUBLIC LANDS
 
                        CHAPTER 8A--GRAZING LANDS
 
                          SUBCHAPTER II--ALASKA
 
Sec. 316f. Terms and conditions of lease


(a) Period of lease

    A lease may be made for such term as the Secretary deems reasonable, 
but not to exceed fifty-five years, taking into consideration all 
factors that are relevant to the exercise of the grazing privileges 
conferred.

(b) Size of leasehold

    Leases shall be made for grazing on a definite area except where 
local conditions or the administration of grazing privileges makes more 
practicable a lease based on the number of stock to be grazed.

(c) Terms for surrender of lease

    Each lease shall provide that the lessee may surrender his lease, 
and, if he has complied with the terms and conditions of the lease to 
the time of surrender, may avoid further liability for fees thereunder 
by giving written notice to the Secretary of such surrender. The lease 
shall specify the length of time of notice, which shall not exceed one 
year.

(d) Terms for renewal of lease

    Each lease shall provide that the lessee may negotiate for renewal 
of such lease, subject to the provisions of this subchapter, at any time 
during the final five years of the term of such lease.

(Mar. 4, 1927, ch. 513, Sec. 7, 44 Stat. 1453; Pub. L. 90-403, Sec. 2, 
July 18, 1968, 82 Stat. 358.)

                          Codification

    Section was formerly classified to section 471f of Title 48, 
Territories and Insular Possessions.


                               Amendments

    1968--Subsec. (a). Pub. L. 90-403, Sec. 2(a), substituted provisions 
for reasonable term of leases, limited to fifty-five years, and based on 
all factors relevant to exercise of grazing privileges for prior 
provisions for twenty year leases, except where land may be required for 
other than grazing purposes within a ten year period, and for shorter 
term leases as desired by applicant.
    Subsec. (d). Pub. L. 90-403, Sec. 2(b), added subsec. (d).



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