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Code · STATUTE-COMPILATIONS · Energy Policy Act of 2005 · Sec. 371

Sec. 371. REINSTATEMENT OF LEASES

422 words·~2 min read·/statute-compilations/comps-10914/sec-371

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## SEC. 371 REINSTATEMENT OF LEASES **[**[30 U.S.C. 188 note](/us/usc/t30/s188)**]** ###
(a)Leases Terminated for Certain Failure to Pay Rental Notwithstanding section 31(d)(2)(B) of the Mineral Leasing Act (30 U.S.C. 188(d)(2)(B)) as in effect before the effective date of this section, and notwithstanding the amendment made by subsection
(b)of this section, the Secretary of the Interior may reinstate any oil and gas lease issued under that Act that was terminated for failure of a lessee to pay the full amount of rental on or before the anniversary date of the lease, during the period beginning on September 1, 2001, and ending on June 30, 2004, if— ####
(1)not later than 120 days after the date of enactment of this Act, the lessee— #####
(A)files a petition for reinstatement of the lease; #####
(B)complies with the conditions of section 31(e) of the Mineral Leasing Act (30 U.S.C. 188(e)); and #####
(C)certifies that the lessee did not receive a notice of termination by the date that was 13 months before the date of termination; and ####
(2)the land is available for leasing. ###
(b)Deadline for Petitions, Generally Section 31(d)(2) of the Mineral Leasing Act (30 U.S.C. 188(d)(2)) is amended by striking subparagraphs
(A)and
(B)and inserting the following: > > ##### “(A) > > with respect to any lease that terminated under subsection
(b)on or before the date of the enactment of the Energy Policy Act of 2005, a petition for reinstatement (together with the required back rental and royalty accruing after the date of termination) is filed on or before the earlier of— > > > ###### “(i) > > 60 days after the lessee receives from the Secretary notice of termination, whether by return of check or by any other form of actual notice; or > > > ###### “(ii) > > 15 months after the termination of the lease; or > > > ##### “(B) > > with respect to any lease that terminates under subsection
(b)after the date of the enactment of the Energy Policy Act of 2005, a petition for reinstatement (together with the required back rental and royalty accruing after the date of termination) is filed on or before the earlier of— > > > ###### “(i) > > 60 days after receipt of the notice of termination sent by the Secretary by certified mail to all lessees of record; or > > > ###### “(ii) > > 24 months after the termination of the lease.” > .
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Sec. 371
REINSTATEMENT OF LEASES
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