Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3453.3–1 Conditions for approval

(1) The transferee is not qualified to hold a lease or an interest in a lease under subpart 3472 of this title or under §§ 3420.1–3(b)(1)(iv) and 3420.1–3(b)(2)(ii) of this title;

(2) The lease bond is insufficient;

(3) The filing fee has not been submitted;

(4) The transferee would hold the lease in violation of the acreage requirements set out in subpart 3472 of this title;

(5) The transfer would create an overriding royalty or other interest in violation of § 3473.3–2 of this title;

(6) The lease account is not in good standing;

(7) The information required under § 3453.2–2(e) and (f) of this title has not been submitted;  or

(8) The transferee is subject to the prohibition in § 3472.1–2(e) of this title.

(1) The exploration bond is sufficient;

(2) The filing fee has been submitted;  and

(3) The license account is in good standing.