1. Regulations
  2. title 43
  3. chapter II
  4. part 3580
  5. subpart 3581
  6. § 3581.4-1

View all text of Subpart 3581 [§ 3581.0-3 - § 3581.5]

§ 3581.4-1 - Lease terms.

The lease shall be issued for a period of 20 years with a preference right in the lessee to renew for a 10-year term at the end of the initial term and at the end of each 10-year period thereafter.

[51 FR 15213, Apr. 22, 1986; 51 FR 25204, July 11, 1986]

AUTHORITY: 16 U.S.C. 90c-1, 460n-5, 460q-5, 460dd-2, 460mm-4; 30 U.S.C. 189, 293, 359; 31 U.S.C. 9701; 43 U.S.C. 1201, 1732(b), 1733, 1740; 47 Stat. 1487.

SOURCE: 51 FR 15256, Apr. 22, 1986, unless otherwise noted.

CITE AS: 43 CFR 3581.4-1