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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 3513 - Waiver, Suspension or Reduction of Rental and Minimum Royalties |
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Suspension of Operations (Economic Concerns) |
§ 3513.31 - What is the effect of a suspension of operations (economic concerns)?
Latest version.
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§ 3513.31 What is the effect of a suspension of operations (economic concerns)?
This suspension does not affect the term of the lease or the annual rental payment. BLM will reduce the minimum annual production requirements of your lease in proportion to that part of the lease year for which a suspension of operations is effective.