Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3470 - Coal Management Provisions and Limitations |
Subpart 3475 - Lease Terms |
§ 3475.5 - Diligent development and continued operation.
Latest version.
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§ 3475.5 Diligent development and continued operation.
In accordance with part 3480 of this title, each lease shall require:
(a) Diligent development; and
(b) Either
(1) continued operation except when operations under the lease are interrupted by strikes, the elements or casualties not attributable to the lessee, or
(2) in lieu thereof, when the Secretary determines that the public interest will be served, payment of an advanced royalty.
[47 FR 33151, July 30, 1982, as amended at 50 FR 8627, Mar. 4, 1985]