§ 360. — Authority to manage certain mineral leases.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 30USC360]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 7--LEASE OF MINERAL DEPOSITS WITHIN ACQUIRED LANDS
Sec. 360. Authority to manage certain mineral leases
Each department, agency and instrumentality of the United States
which administers lands acquired by the United States with one or more
existing mineral lease shall transfer to the Secretary of the Interior
the authority to administer such lease and to collect all receipts due
and payable to the United States under the lease. In the case of lands
acquired on or before October 24, 1992, the authority to administer the
leases and collect receipts shall be transferred to the Secretary of the
Interior as expeditiously as practicable after October 24, 1992. In the
case of lands acquired after October 24, 1992, such authority shall be
vested with the Secretary at the time of acquisition. The provisions of
section 355 of this title shall apply to all receipts derived from such
leases where such receipts are due and payable to the United States
under the lease in the same manner as such provisions apply to receipts
derived from leases issued under the authority of this chapter. For
purposes of this section, the term ``existing mineral lease'' means any
lease in existence at the time land is acquired by the United States.
Nothing in this section shall be construed to affect the existing
surface management authority of any Federal agency.
(Aug. 7, 1947, ch. 513, Sec. 11, as added Pub. L. 102-486, title XXV,
Sec. 2506(b), Oct. 24, 1992, 106 Stat. 3106.)