Code of Federal Regulations · Section
§ 3513.12 — What Criteria Does Blm Consider In Approving A Waiver, Suspension, Or Reduction In Rental Or Minimum Royalty, Or A Reduction In The Royalty Rate?
43 C.F.R. § 3513.12
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We will consider if approval:
(a) Is in the interest of conservation;
(b) Will encourage the greatest ultimate recovery of the resource; and
(c) Is necessary either to promote development of the mineral resources or because you cannot successfully operate the lease under existing terms.
Authorizing Statute
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Congressional declaration of policy43 U.S.C. § 1701