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. |