§ 354. — Lease of partial or future interests in deposits.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 30USC354]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 7--LEASE OF MINERAL DEPOSITS WITHIN ACQUIRED LANDS
Sec. 354. Lease of partial or future interests in deposits
Where the United States does not own all of the mineral deposits
under any lands sought to be leased and which are affected by this
chapter, the Secretary is authorized to lease the interest of the United
States in any such mineral deposits when, in the judgment of the
Secretary, the public interest will be best served thereby; subject,
however, to the provisions of section 352 of this title. Where the
United States does not own any interest or owns less than a full
interest in the minerals that may be produced from any lands sought to
be leased, and which are or will be affected by this chapter and where,
under the provisions of its acquisition, the United States is to acquire
all or any part of such mineral deposits in the future, the Secretary
may lease any interest of the United States then owned or to be acquired
in the future in the same manner as provided in the preceding sentence.
(Aug. 7, 1947, ch. 513, Sec. 5, 61 Stat. 914.)
Section Referred to in Other Sections
This section is referred to in title 25 section 459c.
