10 U.S.C. § 8733 Disposition of Royalties

• Library: United States Statutes
• Edition: 2023 Edition
• Currency: Current through P.L. 118-13 (published on www.congress.gov on 08/07/2023),Current through P.L. 118-19 (published on www.congress.gov on 10/06/2023)
• Year: 2023
• Citation: 10 U.S.C. § 8733

(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.

Cite as 10 U.S.C. § 8733

Source: Aug. 10, 1956, ch. 1041, 70A Stat. 461, §7433; 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; renumbered § 8733,Pub. L. 115-232, div. A, title VIII, §807(d)(5)8733,, 132 Stat. 1836.

current through 5/24/2023

<TABLE> <TR><TD colspan="3">HISTORICAL AND REVISION NOTES</TD> </TR> <TR> <TD>Revised section</TD> <TD>Source (U.S. Code)</TD> <TD>Source (Statutes at Large)</TD> </TR> <TR> <TD>7433</TD> <TD> <codecitation statecd="US" datatype="S" title="34">34 U.S.C. <codesec>524</codesec></codecitation> (10th par.).</TD> <TD>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.</TD> </TR> </TABLE>

In subsection (a) the words "or all" are omitted as surplusage. The words "under this chapter" are substituted for the words "of lands within the naval petroleum reserves or other naval fuel reserves under the authority of this section" for brevity. The words "be delivered to the United States, or shall be paid for in money" are substituted for the words "be paid for in money or be paid in kind" for clarity. Neither gas, oil, gasoline, nor hydrocarbon can be "paid", but any one of them may be delivered.