43 C.F.R. § 3513.12

What criteria does BLM consider in approving a waiver, suspension, or reduction in rental or minimum royalty, or a reduction in the royalty rate?

Last amended: 2016Year: 2026Length: 45 wordsSubsections: 3Official source

Cite as 43 C.F.R. § 3513.12 (2026)

We will consider if approval: (a) Is in the interest of conservation; (b) Will encourage the greatest ultimate recovery of the resource; and (c) Is necessary either to promote development of the mineral resources or because you cannot successfully operate the lease under existing terms.
43 C.F.R. § 3513.12: What criteria does BLM consider in approving a waiver, suspension, or reduction in rental or minimum royalty, or a reduction in the royalty rate? | Justis AI