30 CFR 203.56 - Does relief transfer when a lease is assigned?

REGULATIONS

Regulations last checked for updates: May 18, 2024

Title 30 - Mineral Resources last revised: May 15, 2024

§ 203.56 - Does relief transfer when a lease is assigned?

Yes. Royalty relief is based on the lease circumstances, not ownership. It transfers upon lease assignment.

authority: 25 U.S.C. 396

source: 76 FR 64462, Oct. 18, 2011, unless otherwise noted.

cite as: 30 CFR 203.56

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