43 CFR 3513.12
§ 3513.12 What criteria does BLM consider in approving a waiver, suspension, or reduction in rental or minimum royalty, or a reduction in the royalty rate?
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 3513.12, § 3513.12 What criteria does BLM consider in approving a waiver, suspension, or reduction in rental or minimum royalty, or a reduction in the royalty rate?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213312
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Full text
We will consider if approval:
(a) Is in the interest of conservation;
(b) Will encourage the greatest ultimate recovery of the resource; and
(c) Is necessary either to promote development of the mineral resources or because you cannot successfully operate the lease under existing terms.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.