43 CFR 3430.6-3 - Duration of leases.

Regulations last checked for updates: Jun 02, 2024

Title 43 - Public Lands: Interior last revised: May 13, 2024

View all text of Subpart 3430 [§ 3430.0-1 - § 3430.7]

§ 3430.6-3 - Duration of leases.

Preference right leases shall be issued for a term of 20 years and for so long thereafter as coal is produced in commercial quantities as defined in § 3483.1 of this title. Each lease shall be subject to readjustment at the end of the first 20-year period and at the end of each period of 10 years thereafter in accordance with subpart 3451 of this title.

[44 FR 42628, July 19, 1979. Redesignated and amended at 47 FR 33144, July 30, 1982; 50 FR 8627, Mar. 4, 1985]

authority: 30 U.S.C. 181

source: 44 FR 42628, July 19, 1979, unless otherwise noted.

cite as: 43 CFR 3430.6-3