43 CFR 3581.4-2

§ 3581.4-2 Rate of royalty; investment determined.

United States · 43 CFR — Public Lands: Interior · Status: effective

Cite this

Citation: 43 CFR 3581.4-2, § 3581.4-2 Rate of royalty; investment determined, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/213367
Permanent ID: ys:prov:213367@1
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Full text

If the authorized officer finds the application sufficient to authorize the issuance of a lease, he/she shall establish a rate of royalty of not less than 5 percent or more than 12 1/2 percent of the value of the output of gold, silver or quicksilver at the mine and also shall establish the amount of investment required under the lease.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.