Pub. L. 103-434, tit. XI, sec. 1104

LEASE CONDITIONS.

EnactedYear: 1994Length: 80 wordsOfficial source
SEC. 1104. LEASE CONDITIONS. Any such lease of power privileges issued pursuant to section 1103 of this title shall not exceed a period of forty years and shall be consistent with rates charged by the Federal Energy Regulatory Commission for comparable sized projects. Moneys derived from such lease shall be covered into the reclamation fund in accordance with relevant parts of Federal reclamation law, the Act of June 17, 1902, and Acts supplementary thereto and amendatory thereof (43 U.S.C. 371).