---
kind: "section"
citation: "43 C.F.R. § 3581.4-2"
title: "43"
number: "3581.4-2"
heading: "Rate of royalty; investment determined."
url: "https://uscodex.org/cfr/43/3581.4-2"
---

# §3581.4-2. Rate of royalty; investment determined.


If the authorized officer finds the application sufficient to authorize the issuance of a lease, he/she shall establish a rate of royalty of not less than 5 percent or more than 12 1/2 percent of the value of the output of gold, silver or quicksilver at the mine and also shall establish the amount of investment required under the lease.


## Notes

### Authority

Authority: 16 U.S.C. 90c-1, 460n-5, 460q-5, 460dd-2, 460mm-4; 30 U.S.C. 189, 293, 359; 31 U.S.C. 9701; 43 U.S.C. 1201, 1732(b), 1733, 1740; 47 Stat. 1487.

### Source

Source: 51 FR 15256, Apr. 22, 1986, unless otherwise noted.