[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR3110.9-3]

[Page 367]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3110--NONCOMPETITIVE LEASES--Table of Contents
 
                   Subpart 3110--Noncompetitive Leases
 
Sec. 3110.9-3  Fractional present and future interest.

    Where the United States owns both a present fractional interest and 
a future fractional interest in the minerals in the same tract, the 
lease, when issued, shall cover both the present and future interests in 
the lands. The effective date and primary term of the present interest 
lease is unaffected by the vesting of a future fractional interest. The 
lease for the future fractional interest, when such interest vests in 
the United States, shall have the same primary term and anniversary date 
as the present fractional interest lease.