166.405—Whose grazing rental rate will be applicable for a permit on individually-owned Indian land?
The following grazing rental rate schedule will apply for individually-owned Indian land:
If you are * * * | Then you will pay * * * |
---|---|
(a) Grazing livestock on Individually-owned Indian land | The rate set by the BIA or by the individual Indian landowner and approved by us. |
(b) The successful bidder for use of any of these specific parcels of Indian land | Your rental rate bid, but not less than the minimum bid rate advertised, unless the permit is granted at less than fair annual rental under § 166.403 . |
(c) The recipient of an allocation from a bid unit | The bid rate or the appraised rate, whichever is higher. |