§ 1012. — 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: 30USC1012]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 23--GEOTHERMAL STEAM AND ASSOCIATED GEOTHERMAL RESOURCES
Sec. 1012. Waiver, suspension, or reduction of rental or royalty
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, Sec. 13, Dec. 24, 1970, 84 Stat. 1570.)