§3422.3-1. Bidding systems.
43 C.F.R. § 3422.3-1
The provisions of 10 CFR part 378 1 are not applicable to this part.
The Department may conduct lease sales using cash bonus—fixed royalty bidding systems or any other bidding system adopted through rulemaking procedures.
Notes, amendments, and revision history
Amendments
[47 FR 33140, July 30, 1982]
Authority
Authority: The Mineral Leasing Act of 1920, as amended and supplemented (30 U.S.C. 181 et seq. ), the Mineral Leasing Act for Acquired Lands of 1947, as amended (30 U.S.C. 351-359), the Multiple Mineral Development Act of 1954 (30 U.S.C. 521-531 et seq. ), the Surface Mining Control and Reclamation Act of 1977 (30 U.S.C. 1201 et seq. ), the Department of Energy Organization Act of 1977 (42 U.S.C. 7101 et seq. ), the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1701 et seq. ) and the Small Business Act of 1953, as amended (15 U.S.C. 631 et seq. ).
Source
Source: 44 FR 42615, July 19, 1979, unless otherwise noted.
Amendments
[47 FR 33140, July 30, 1982]