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Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3475.5 Diligent development and continued operation

Current as of October 02, 2022 | Updated by FindLaw Staff

In accordance with part 3480 of this title, each lease shall require:

(a) Diligent development;  and

(b) Either (1) continued operation except when operations under the lease are interrupted by strikes, the elements or casualties not attributable to the lessee, or (2) in lieu thereof, when the Secretary determines that the public interest will be served, payment of an advanced royalty.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3475.5 Diligent development and continued operation - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-43-public-lands-interior/cfr-sect-43-3475-5/

Read this complete Code of Federal Regulations Title 43. Public Lands:  Interior § 43.3475.5 Diligent development and continued operation on Westlaw. Westlaw subscription required.

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