[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR3110.9-3]



[Page 378]

 

                    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.