§3137.134. What happens to committed leases if the unit terminates?
43 C.F.R. § 3137.134
If the unit terminates, all committed NPR-A leases return to individual lease status and are subject to their original provisions.
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.
Notes, amendments, and revision history
Amendments
[67 FR 17886, Apr. 11, 2002, as amended at 73 FR 6444, Feb. 4, 2008]
Source
Source: 67 FR 17886, Apr. 11, 2002, unless otherwise noted.
Authority
Authority: 42 U.S.C. 6508, 43 U.S.C. 1733 and 1740.
Source
Source: 46 FR 55497, Nov. 9, 1981, unless otherwise noted.
Amendments
[67 FR 17886, Apr. 11, 2002, as amended at 73 FR 6444, Feb. 4, 2008]