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