1. Regulations
  2. title 43
  3. chapter II
  4. part 3420
  5. subpart 3422
  6. § 3422.3-1

View all text of Subpart 3422 [§ 3422.1 - § 3422.4]

§ 3422.3-1 - Bidding systems.

(a) The provisions of 10 CFR part 378 1 are not applicable to this part.

1 Redesignated as 30 CFR part 260 and removed at 48 FR 1182, Jan. 11, 1983.

(b) The Department may conduct lease sales using cash bonus—fixed royalty bidding systems or any other bidding system adopted through rulemaking procedures.

[47 FR 33140, July 30, 1982]

AUTHORITY: The Mineral Leasing Act of 1920, as amended and supplemented (30 U.S.C. 181

SOURCE: 44 FR 42615, July 19, 1979, unless otherwise noted.

CITE AS: 43 CFR 3422.3-1