Title 30 — Mineral Lands and Mining
Chapter 26 — Deep Seabed Hard Mineral Resources
§ 1417. Duration of licenses and permits
Statutory text
Duration of a license
Each license for exploration shall be issued for a period of 10 years. If the licensee has substantially complied with the license and the exploration plan associated therewith and has requested extensions of the license, the Administrator shall extend the license on terms, conditions, and restrictions consistent with this chapter and the regulations issued under this chapter for periods of not more than 5 years each.
Duration of a permit
Each permit for commercial recovery shall be issued for a term of 20 years and for so long thereafter as hard mineral resources are recovered annually in commercial quantities from the area to which the recovery plan associated with the permit applies. The permit of any permittee who is not recovering hard mineral resources in commercial quantities at the end of 10 years shall be terminated; except that the Administrator shall for good cause shown, including force majeure, adverse economic conditions, unavoidable delays in construction, major unanticipated vessel repairs that prevent the permittee from conducting commercial recovery activities during an annual period, or other circumstances beyond the control of the permittee, extend the 10-year period, but not beyond the initial 20-year term of the permit.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Deep Seabed Hard Mineral Resources Act
Pub. L. 96–283 title I § 107 · 94 Stat. 553
Enacted · 30 U.S.C. § 1417
(Pub. L. 96–283, title I, § 107, June 28, 1980, 94 Stat. 567.)
Source evidence
Code source credit
(Pub. L. 96–283, title I, § 107, June 28, 1980, 94 Stat. 567.)Enacted provision · exact public law section
SEC. 107. DURATION OF LICENSES AND PERMITS. (a) Duration of a License.— Each license for exploration shall be issued for a period of 10 years. If the licensee has substantially Extensions. complied with the license and the exploration plan associated therewith and has requested extensions of the license, the Administrator shall extend the license on terms, conditions, and restrictions consistent with this Act and the regulations issued under this Act for periods of not more than 5 years each. (b) Duration of a Permit.— Each permit for commercial recovery shall be issued for a term of 20 years and for so long thereafter as hard mineral resources are recovered annually in commercial quantities from the area to which the recovery plan associated with the permit applies. The permit of any permittee who is not recovering Termination and extensions. hard mineral resources in commercial quantities at the end of 10 years shall be terminated; except that the Administrator shall for good cause shown, including force majeure, adverse economic conditions, unavoidable delays in construction, major unanticipated vessel repairs that prevent the permittee from conducting commercial recovery activities during an annual period, or other circumstances beyond the control of the permittee, extend the 10-year period, but not beyond the initial 20-year term of the permit.
1 of 1 references resolved to an enrolled provision