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Code of Federal Regulations (Last Updated: October 10, 2024) |
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Title 43 - Public Lands: Interior |
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Subtitle B - Regulations Relating to Public Lands |
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Chapter II - Bureau of Land Management, Department of the Interior |
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SubChapter C - Minerals Management (3000) |
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Part 3500 - Leasing of Solid Minerals Other Than Coal and Oil Shale |
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Subpart 3509 - Fractional and Future Interest Lease Applications |
§ 3509.50 - Under what conditions would BLM reject my application for a fractional interest prospecting permit or lease?
Latest version.
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§ 3509.50 Under what conditions would BLM reject my application for a fractional interest prospecting permit or lease?
BLM will reject your fractional interest application if:
(a) You do not meet the qualifications in § 3509.45 of this part;
(b) You would have an interest in the total Federal and non-Federal mineral estate of less than 50% once the fractional interest prospecting permit or lease is issued, unless we determine it would be in the best interests of the government to issue the permit or lease; or
(c) We determine that it is not in the public interest to grant the lease.