43 C.F.R. § 3212.15 May BLM reduce or suspend the royalty or rental rate of my lease?
Title 43 - Public Lands: Interior
Yes. If you apply for a waiver, suspension or reduction of your rent or royalty, BLM may grant your request if we determine that: (a) It promotes conservation; (b) Doing so will encourage the greatest ultimate recovery of resources; (c) It is necessary to promote development; or (d) You cannot successfully operate the lease under its current terms.
Title 43: Public Lands: Interior
PART 3200—GEOTHERMAL RESOURCE LEASING
Subpart 3212—Lease Suspensions and Royalty Rate Reductions
§ 3212.15 May BLM reduce or suspend the royalty or rental rate of my lease?
