Execution of lease.

Upon receipt of the payments required by § 2911.2-2(b) of this title and not less than 45 days following the publications required by § 2911.2-4 of this title, the authorized officer shall make a decision on the application and, if the application is approved, issue the lease. [51 FR 40809, Nov. 10, 1986; 51 FR 45986, Dec. 23, 1986]