1. Regulations
  2. title 43
  3. chapter II
  4. part 3500
  5. subpart 3513
  6. subjgrp 199
  7. § 3513.31

View all text of Subjgrp 199 [§ 3513.30 - § 3513.34]

§ 3513.31 - What is the effect of a suspension of operations (economic concerns)?

This suspension does not affect the term of the lease or the annual rental payment. BLM will reduce the minimum annual production requirements of your lease in proportion to that part of the lease year for which a suspension of operations is effective.

AUTHORITY: 5 U.S.C. 552; 30 U.S.C. 189, 192c, and 209; 43 U.S.C. 1701

SOURCE: 64 FR 53536, Oct. 1, 1999, unless otherwise noted.

CITE AS: 43 CFR 3513.31