30 CFR 550.181 - When may the Secretary cancel my lease and when am I compensated for cancellation?

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§ 550.181 When may the Secretary cancel my lease and when am I compensated for cancellation?
If the Secretary cancels your lease under this part or under 30 CFR part 556, you are entitled to compensation under § 550.184. Section 550.185 states conditions under which you will receive no compensation. The Secretary may cancel a lease after notice and opportunity for a hearing when:
(a) Continued activity on the lease would probably cause harm or damage to life (including fish and other aquatic life), property, any mineral deposits (in areas leased or not leased), or the marine, coastal, or human environment;
(b) The threat of harm or damage will not disappear or decrease to an acceptable extent within a reasonable period of time;
(c) The advantages of cancellation outweigh the advantages of continuing the lease in force; and
(d) A suspension has been in effect for at least 5 years or you request termination of the suspension and lease cancellation.

Title 30 published on 2014-07-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
U.S. Code: Title 30 - MINERAL LANDS AND MINING
U.S. Code: Title 31 - MONEY AND FINANCE
U.S. Code: Title 43 - PUBLIC LANDS

Title 30 published on 2014-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 30 CFR 550 after this date.

  • 2014-10-09; vol. 79 # 196 - Thursday, October 9, 2014
    1. 79 FR 61041 - Risk Management, Financial Assurance and Loss Prevention
      GPO FDSys XML | Text
      DEPARTMENT OF THE INTERIOR, Bureau of Ocean Energy Management
      Advance Notice of Proposed Rulemaking--Extension of Public Comment Period.
      BOEM published the ANPR on August 19, 2014 (79 FR 49027) with a sixty day comment period. With this extension, comments must be received by November 17, 2014.
      30 CFR Parts 550, 551, 556, 581, 582 and 585