In general
Consideration
In general
Consideration for a lease or other special use authorization within the Recreation Area shall be based on fair market value.
Reduction or waiver
The Secretary may reduce or waive a fee to a governmental unit or nonprofit organization commensurate with other consideration provided to the United States, as determined by the Secretary.
Procedure
The Secretary may use any fair and equitable method for authorizing special uses within the Recreation Area, including public solicitation of proposals.
Existing authorizations
In general
lllA permit or other authorization granted by the Tennessee Valley Authority that is in effect on the date of transfer pursuant to section 460–41 of this title may continue on transfer of administration of the Recreation Area to the Secretary.
Reissuance
A permit or authorization described in paragraph (1) may be reissued or terminated under terms and conditions prescribed by the Secretary.
Exercise of rights
The Secretary may exercise any of the rights of the Tennessee Valley Authority contained in any permit or other authorization, including any right to amend, modify, and revoke the permit or authorization.
Pub. L. 105–277, div. A, § 101(e) [title V, § 525]112 Stat. 2681–231(, , , 2681–315.)