Code of Federal Regulations · Section
§ 3934.40 — Payments Due
43 C.F.R. § 3934.40
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If a lease is canceled or relinquished for any reason, all bonus, rentals, royalties, and minimum royalties paid will be forfeited, and any amounts not paid will be immediately payable to the United States.
Authorizing Statute
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Leases of lands30 U.S.C. § 241
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Oil shale, tar sands, and other strategic unconventional fuels42 U.S.C. § 15927
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Management of use, occupancy, and development of public lands43 U.S.C. § 1732