36 C.F.R. § 51.65
May the concessioner gain additional leasehold surrender interest by replacing a fixture in which the concessioner has a leasehold surrender interest?
A concessioner that replaces an existing fixture in which the concessioner has a leasehold surrender interest with a new fixture will increase its leasehold surrender interest by the amount of the construction cost of the replacement fixture less the construction cost of the replaced fixture.
Notes of Decisions
Cited in 3
cases, 2001–2002 · leading case: Amfac Resorts, L.L.C. v. United States Dep't of the Interior, 282 F.3d 818 (D.C. Cir. 2002).
Amfac Resorts, L.L.C. v. United States Dep't of the Interior, 282 F.3d 818 (D.C. Cir. 2002). “36 C.F.R. § 51.65 . This regulation is unlawful, according to the concessioners, because there is nothing in the statute allowing subtractions from a concessioner’s LSI.”
Amfac Resorts, L.L.C. v. United States Dep't of the Interior, 142 F. Supp. 2d 54 (D.D.C. 2001). “The Leasehold Surrender Interest in Replaced Fixtures The plaintiffs argue that the defendants’ regulation dealing with a concessioner’s leasehold surrender interest in replaced fixtures, 36 C.F.R. § 51.65 , violates the 1998 Act.”
Amfac Resorts, LLC v. Us Dept. of Interior, 142 F. Supp. 2d 54 (D.D.C. 2001). “The Leasehold Surrender Interest in Replaced Fixtures The plaintiffs argue that the defendants' regulation dealing with a concessioner's leasehold surrender interest in replaced fixtures, 36 C.F.R. § 51.65 , violates the 1998 Act.”
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