43 CFR 21.5 – Occupancy under permit of Government-owned cabins on public recreation and conservation areas
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(a) Those permittees who occupy Government-owned cabins, including those whose permits currently have expired, but previously have been renewed on a year-to-year basis, may have their permits renewed up to July 1, 1969. After that date, the permits shall not be renewed and shall be terminated finally except upon a determination by the Authorized Officer that a renewal or extension is fully consistent with the public use of the area.
Terms Used In 43 CFR 21.5
- Amortization: Paying off a loan by regular installments.
(b) The provisions for amortization of substantial improvements do not apply to this type of occupancy.