30 USC 1012: Waiver, suspension, or reduction of rental or royalty
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*Public Law 119-60 has been enacted, but classifications have not been finalized. The currency ("laws in effect") date does not reflect acts for which classifications have not been finalized.

30 USC 1012: Waiver, suspension, or reduction of rental or royalty Text contains those laws in effect on January 7, 2026
From Title 30-MINERAL LANDS AND MININGCHAPTER 23-GEOTHERMAL RESOURCES
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§1012. Waiver, suspension, or reduction of rental or royalty

The Secretary may waive, suspend, or reduce the rental or royalty for any lease or portion thereof in the interests of conservation and to encourage the greatest ultimate recovery of geothermal resources, if he determines that this is necessary to promote development or that the lease cannot be successfully operated under the lease terms.

( Pub. L. 91–581, §13, Dec. 24, 1970, 84 Stat. 1570 ; Pub. L. 109–58, title II, §236(13), Aug. 8, 2005, 119 Stat. 672 .)


Editorial Notes

Amendments

2005-Pub. L. 109–58 inserted section catchline.