25 CFR §214.9
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Lessees shall pay, in addition to other considerations, annual advance rentals as follows: 15 cents per acre for the first year; 30 cents per acre for the second year; 50 cents per acre for the third year; and $1 per acre per annum for the fourth and each succeeding year during the life of any lease: Provided, That all such payments of advance rentals shall be credits on royalties on production during the year for which payment of advance rental is made.
- (b)The payment of annual advance rental shall not release the lessee from the obligation to conduct mining operations, as required by the terms of the lease.