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§ 1401. —  Congressional findings and declaration of purpose.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 30USC1401]

 
                   TITLE 30--MINERAL LANDS AND MINING
 
             CHAPTER 26--DEEP SEABED HARD MINERAL RESOURCES
 
Sec. 1401. Congressional findings and declaration of purpose


(a) Findings

    The Congress finds that--
        (1) the United States' requirements for hard minerals to satisfy 
    national industrial needs will continue to expand and the demand for 
    such minerals will increasingly exceed the available domestic 
    sources of supply;
        (2) in the case of certain hard minerals, the United States is 
    dependent upon foreign sources of supply and the acquisition of such 
    minerals from foreign sources is a significant factor in the 
    national balance-of-payments position;
        (3) the present and future national interest of the United 
    States requires the availability of hard mineral resources which is 
    independent of the export policies of foreign nations;
        (4) there is an alternate source of supply, which is significant 
    in relation to national needs, of certain hard minerals, including 
    nickel, copper, cobalt, and manganese, contained in the nodules 
    existing in great abundance on the deep seabed;
        (5) the nations of the world, including the United States, will 
    benefit if the hard mineral resources of the deep seabed beyond 
    limits of national jurisdiction can be developed and made available 
    for their use;
        (6) in particular, future access to the nickel, copper, cobalt, 
    and manganese resources of the deep seabed will be important to the 
    industrial needs of the nations of the world, both developed and 
    developing;
        (7) on December 17, 1970, the United States supported (by 
    affirmative vote) the United Nations General Assembly Resolution 
    2749 (XXV) declaring inter alia the principle that the mineral 
    resources of the deep seabed are the common heritage of mankind, 
    with the expectation that this principle would be legally defined 
    under the terms of a comprehensive international Law of the Sea 
    Treaty yet to be agreed upon;
        (8) it is in the national interest of the United States and 
    other nations to encourage a widely acceptable Law of the Sea 
    Treaty, which will provide a new legal order for the oceans covering 
    a broad range of ocean interests, including exploration for and 
    commercial recovery of hard mineral resources of the deep seabed;
        (9) the negotiations to conclude such a Treaty and establish the 
    international regime governing the exercise of rights over, and 
    exploration of, the resources of the deep seabed, referred to in 
    General Assembly Resolution 2749 (XXV) are in progress but may not 
    be concluded in the near future;
        (10) even if such negotiations are completed promptly, much time 
    will elapse before such an international regime is established and 
    in operation;
        (11) development of technology required for the exploration and 
    recovery of hard mineral resources of the deep seabed will require 
    substantial investment for many years before commercial production 
    can occur, and must proceed at this time if deep seabed minerals are 
    to be available when needed;
        (12) it is the legal opinion of the United States that 
    exploration for and commercial recovery of hard mineral resources of 
    the deep seabed are freedoms of the high seas subject to a duty of 
    reasonable regard to the interests of other states in their exercise 
    of those and other freedoms recognized by general principles of 
    international law;
        (13) pending a Law of the Sea Treaty, and in the absence of 
    agreement among states on applicable principles of international 
    law, the uncertainty among potential investors as to the future 
    legal regime is likely to discourage or prevent the investments 
    necessary to develop deep seabed mining technology;
        (14) pending a Law of the Sea Treaty, the protection of the 
    marine environment from damage caused by exploration or recovery of 
    hard mineral resources of the deep seabed depends upon the enactment 
    of suitable interim national legislation;
        (15) a Law of the Sea Treaty is likely to establish financial 
    arrangements which obligate the United States or United States 
    citizens to make payments to an international organization with 
    respect to exploration or recovery of the hard mineral resources of 
    the deep seabed; and
        (16) legislation is required to establish an interim legal 
    regime under which technology can be developed and the exploration 
    and recovery of the hard mineral resources of the deep seabed can 
    take place until such time as a Law of the Sea Treaty enters into 
    force with respect to the United States.

(b) Purposes

    The Congress declares that the purposes of this chapter are--
        (1) to encourage the successful conclusion of a comprehensive 
    Law of the Sea Treaty, which will give legal definition to the 
    principle that the hard mineral resources of the deep seabed are the 
    common heritage of mankind and which will assure, among other 
    things, nondiscriminatory access to such resources for all nations;
        (2) pending the ratification by, and entering into force with 
    respect to, the United States of such a Treaty, to provide for the 
    establishment of an international revenue-sharing fund the proceeds 
    of which shall be used for sharing with the international community 
    pursuant to such Treaty;
        (3) to establish, pending the ratification by, and entering into 
    force with respect to, the United States of such a Treaty, an 
    interim program to regulate the exploration for and commercial 
    recovery of hard mineral resources of the deep seabed by United 
    States citizens;
        (4) to accelerate the program of environmental assessment of 
    exploration for and commercial recovery of hard mineral resources of 
    the deep seabed and assure that such exploration and recovery 
    activities are conducted in a manner which will encourage the 
    conservation of such resources, protect the quality of the 
    environment, and promote the safety of life and property at sea; and
        (5) to encourage the continued development of technology 
    necessary to recover the hard mineral resources of the deep seabed.

(Pub. L. 96-283, Sec. 2, June 28, 1980, 94 Stat. 553.)

                       References in Text

    This chapter, referred to in subsec. (b), was in the original ``this 
Act'', meaning Pub. L. 96-283, June 28, 1980, 94 Stat. 553, as amended, 
known as the Deep Seabed Hard Mineral Resources Act, which is classified 
principally to this chapter (Sec. 1401 et seq.). For complete 
classification of this Act to the Code, see Short Title note set out 
below and Tables.


                      Short Title of 1986 Amendment

    Pub. L. 99-507, Sec. 1, Oct. 21, 1986, 100 Stat. 1847, provided 
that: ``This Act [amending section 1470 of this title] may be cited as 
the `Deep Seabed Hard Mineral Resources Reauthorization Act of 1986'.''


                               Short Title

    Section 1 of Pub. L. 96-283 provided that: ``This Act [enacting this 
chapter and sections 4495 to 4498 of Title 26, Internal Revenue Code, 
and enacting a provision set out as a note under section 4495 of Title 
26] may be cited as the `Deep Seabed Hard Mineral Resources Act'.''



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