[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR2916.2-4]

[Page 295]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 2910_LEASES--Table of Contents
 
                      Subpart 2916_Alaska Fur Farm
 
Sec. 2916.2-4  Termination of lease; cancellation.

    (a) Action by authorized officer. (1) The authorized officer may 
terminate a lease at the request of the lessee if the lessee shall make 
satisfactory showing that such termination will not adversely affect the 
public interest and that he has paid all charges due the Government 
thereunder.
    (2) A lease may be canceled if the lessee shall fail to comply with 
any of the provisions of this part or of the lease, or shall devote the 
lease area primarily to any purpose other than the rearing of fur-
bearing animals as authorized. No lease will be canceled until the 
lessee has been formally notified of such default and such default shall 
continue for 60 days after service of such notice.
    (b) Removal of improvements and personal property. (1) Improvements 
or personal property may not be removed from the lands, except fur-
bearing animals disposed of in the regular course of business, unless 
all moneys due the United States under the lease have been paid. The 
lessee shall be allowed 90 days from the date of expiration or 
termination of the lease within which to remove his personal property 
and such improvements as are not disposed of in the manner set forth in 
paragraph (b)(2) of this section, which he has a right to remove; if not 
removed or otherwise disposed of within the said period, such 
improvements or personal property shall become the property of the 
United States.
    (2) Upon the expiration of the lease or the earlier termination 
thereof, the authorizing officer may, in his discretion and upon a 
written petition filed by the lessee within 30 days from the date of 
such expiration or termination, require the subsequent lease applicant, 
prior to the execution of a new lease, to agree to compensate the lessee 
for any improvements of a permanent nature that he may have placed upon 
the leased area for fur-farming purposes during the period of the lease. 
If the interested parties are unable to reach an agreement as to the 
amount of compensation, the amount shall be fixed by the authorizing 
officer. All such agreements to be effective, must be approved by the 
authorizing officer. The failure of the subsequent lessee to pay the 
former lessee in accordance with such agreement will be just cause for 
cancellation of the lease.