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10 U.S.C. § 8728 — Agreements and leases: provision for change

submitted 70 years ago by ch. 1041 to r/title-10-ARMED-FORCES · 89 words · no verdicts yet

in plain englishAI-generated · not legal advice

Every development plan and lease on Naval Petroleum Reserve No. 2 and the oil shale reserves must let the Secretary change production rates over time. The President must approve any such change, within the plan's or lease's limits.

Every unit or cooperative development-and-operation plan, and every lease, covering United States land inside Naval Petroleum Reserve Numbered 2 and the oil shale reserves must include a specific provision. That provision must let the Secretary change, from time to time, how fast prospecting and development happen, and how much oil is produced and how fast. The Secretary needs the President's approval to make such a change, and must stay within any limit the plan or lease sets — but the Secretary can do this despite any other law that might otherwise get in the way.
the actual law source: uscode.house.gov ↗public domain

Every unit or cooperative plan of development and operation and every lease affecting lands owned by the United States within Naval Petroleum Reserve Numbered 2 and the oil shale reserves shall contain a provision authorizing the Secretary, subject to approval by the President and to any limitation in the plan or lease, to change from time to time the rate of prospecting and development on, and the quantity and rate of production from, lands of the United States under the plan or lease, notwithstanding any other provision of law.

Source credit: (Aug. 10, 1956, ch. 1041, 70A Stat. 460, § 7428; Pub. L. 87–796, § 1(5), Oct. 11, 1962, 76 Stat. 905; Pub. L. 94–258, title II, § 201(9), Apr. 5, 1976, 90 Stat. 309; Pub. L. 106–398, § 1 [div. C, title XXXIV, § 3402(b)(2)], Oct. 30, 2000, 114 Stat. 1654, 1654A–484; renumbered § 8728, Pub. L. 115–232, div. A, title VIII, § 807(d)(5), Aug. 13, 2018, 132 Stat. 1836.)

history & why it existsrecord from the source credit
  • 1956Enacted · Act of Aug. 10, 1956, ch. 1041
  • 1962Amended · Pub. L. 87-796 · 76 Stat. 905
  • 1976Amended · Pub. L. 94-258 · 90 Stat. 309
  • 2000Amended · Pub. L. 106-398 · 114 Stat. 1654, 1654
  • 2018Amended · Pub. L. 115-232 · 132 Stat. 1836

A history note hasn’t been published yet. The record shows enactment by ch. 1041 on 1956-08-10.

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