§ 8729.
The Secretary, on terms prescribed by him, may re-lease lands in the naval petroleum reserves that were covered by leases made before July 1, 1936, and terminated by law at the expiration of their initial twenty-year periods. If any such land is to be re-leased, the Secretary shall give to the former lessee preferential rights to the new lease.
([Aug. 10, 1956, ch. 1041], [70A Stat. 460], § 7429; [Pub. L. 94–258, title II, § 201(10)], Apr. 5, 1976, [90 Stat. 309]; renumbered § 8729, [Pub. L. 115–232, div. A, title VIII, § 807(d)(5)], Aug. 13, 2018, [132 Stat. 1836].)