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 3930 - Management of Oil Shale Exploration and Leases |
Subpart 3934 - Relinquishments, Cancellations, and Terminations |
§ 3934.40 - Payments due.
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§ 3934.40 Payments due.
If a lease is canceled or relinquished for any reason, all bonus, rentals, royalties, and minimum royalties paid will be forfeited, and any amounts not paid will be immediately payable to the United States.