(a) Any oil, gas, gasoline or other substance accruing to the United States as royalty from any lease under this chapter shall be delivered to the United States, or shall be paid for in money, as the Secretary elects.
(b) All money accruing to the United States from lands in the naval petroleum reserves shall be covered into the Treasury.
(Aug. 10, 1956, ch. 1041, 70A Stat. 461; Pub. L. 87–796, §1(9), Oct. 11, 1962, 76 Stat. 905; Pub. L. 94–258, title II, §201(14), (15), Apr. 5, 1976, 90 Stat. 313.)
| Revised section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 7433 | 34 U.S.C. 524 (10th par.). | June 4, 1920, ch. 228 (10th par. of amended 3d and 4th provisos), 41 Stat. 813; June 30, 1938, ch. 851, §1, 52 Stat. 1254; June 17, 1944, ch. 262, 58 Stat. 281. |
Sections: Previous 7425 7427 7428 7429 7430 7431 7432 7433 7435 7436 7437 7438 7439 7472 7473 Next
Last modified: October 26, 2015