§ 354. Lease of partial or future interests in deposits

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.

1. 1947

   Pub. L. 80–513 § 5 · 61 Stat. 913

   Enacted · 30 U.S.C. § 354

   (Aug. 7, 1947, ch. 513, § 5, 61 Stat. 914.)

   Source evidence

   Code source credit
   (Aug. 7, 1947, ch. 513, § 5, 61 Stat. 914.)

   Enacted provision · exact public law section
   Sec. 5. Where the United States does not own all of the mineral deposits under any lands sought to be leased and which are affected by this Act, the Secretary is authorized to lease the interest of the United States in any such mineral deposits when, in the judgment of the Secretary, the public interest will be best served thereby; subject, however, to the provisions of section 3 hereof. Where the United States does not own any interest or owns less than a full interest in the minerals that may be produced from any lands sought to be leased, and which are or will be affected by this Act and where, under the provisions of its acquisition, the United States is to acquire all or any part of such mineral deposits in the future, the Secretary may lease any interest of the United States then owned or to be acquired in the future in the same manner as provided in the preceding sentence.

1 of 1 references resolved to an enrolled provision