§3934.40. Payments due.
43 C.F.R. § 3934.40
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.
Notes, amendments, and revision history
Authority
Authority: 25 U.S.C. 396d and 2107, 30 U.S.C. 241(a), 42 U.S.C. 15927, 43 U.S.C. 1732(b), 1733, and 1740.
Source
Source: 73 FR 69480, Nov. 18, 2008, unless otherwise noted.