Code of Federal Regulations · Section

§ 3137.134 — What Happens To Committed Leases If The Unit Terminates?

43 C.F.R. § 3137.134

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(a) If the unit terminates, all committed NPR-A leases return to individual lease status and are subject to their original provisions.

(b) An NPR-A lease that has completed its primary term on or before the date the unit terminates will expire unless it is granted an extension or renewal under § 3135.1-5 or § 3135.1-6.