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Code of Federal Regulations Title 30. Mineral Resources § 30.550.182 When may the Secretary cancel a lease at the exploration stage?

Current as of January 02, 2025 | Updated by Findlaw Staff

BOEM may not approve an exploration plan (EP) under 30 CFR part 550, subpart B, if the Regional Supervisor determines that the proposed activities may cause serious harm or damage to life (including fish and other aquatic life), property, any mineral deposits, the National security or defense, or to the marine, coastal, or human environment, and that the proposed activity cannot be modified to avoid the condition(s). The Secretary may cancel the lease if:

(a) The primary lease term has not expired (or if the lease term has been extended) and exploration has been prohibited for 5 years following the disapproval;  or

(b) You request cancellation at an earlier time.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 30. Mineral Resources § 30.550.182 When may the Secretary cancel a lease at the exploration stage? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-30-mineral-resources/cfr-sect-30-550-182/

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