Code of Federal Regulations · Section
§ 3509.50 — Under What Conditions Would Blm Reject My Application For A Fractional Interest Prospecting Permit Or Lease?
43 C.F.R. § 3509.50
View:
BLM will reject your fractional interest application if:
(a) You do not meet the qualifications in § 3509.45 of this part;
(b) You would have an interest in the total Federal and non-Federal mineral estate of less than 50% once the fractional interest prospecting permit or lease is issued, unless we determine it would be in the best interests of the government to issue the permit or lease; or
(c) We determine that it is not in the public interest to grant the lease.
Authorizing Statute
-
Congressional declaration of policy43 U.S.C. § 1701