43 CFR 3107.71 - Payment of compensatory royalty.

Regulations last checked for updates: May 04, 2025

Title 43 - Public Lands: Interior last revised: Apr 16, 2025

View all text of Subpart 3107 [§ 3107.10 - § 3107.72]

§ 3107.71 - Payment of compensatory royalty.

The payment of a compensatory royalty will extend the term of any lease for the period during which such compensatory royalty is paid and for a period of 1 year from the discontinuance of such payments.

authority: 25 U.S.C. 396d and 2107; 30 U.S.C. 189,306,359,and; 43 U.S.C. 1701

source: 89 FR 30966, Apr. 23, 2024, unless otherwise noted.

cite as: 43 CFR 3107.71