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U.S. Code as of:
01/19/04
Section 1010. Suspension of operations and production; extension of lease term for period of suspension; waiver, suspension or reduction of rental or royalty
The Secretary, upon application by the lessee, may authorize the
lessee to suspend operations and production on a producing lease
and he may, on his own motion, in the interest of conservation
suspend operations on any lease but in either case he may extend
the lease term for the period of any suspension, and he may waive,
suspend, or reduce the rental or royalty required in such lease.
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