Natural Resources and Mines Legislation Amendment Regulation (No. 2) 2005 (Qld)

Queensland Natural Resources and Mines Legislation Amendment Regulation (No. 2) 2005 Subordinate Legislation 2005 No. 263 made under the Mineral Resources Act 1989 Petroleum Act 1923 Petroleum and Gas (Production and Safety) Act 2004 Contents Part 1 1 2 Part 2 3 4 5 6 Part 3 7 8 9 10 11 Page Preliminary Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Amendment of Mineral Resources Regulation 2003 Regulation amended in pt 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Replacement of s 31 (General royalty payable under the Act) . . . 3 31 General royalty payable under the Act . . . . . . . . . . . . 3 31A Election to pay royalty for prescribed mineral at variable rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Replacement of sch 5 (Rental payable) . . . . . . . . . . . . . . . . . . . . 5 Amendment of sch 7 (Dictionary) . . . . . . . . . . . . . . . . . . . . . . . . . 5 Amendment of Petroleum and Gas (Production and Safety) Regulation 2004 Regulation amended in pt 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Amendment of s 145 (Annual rent) . . . . . . . . . . . . . . . . . . . . . . . 6 Amendment of s 146 (Storage rent payable by owner of stored petroleum or prescribed storage gas) . . . . . . . . . . . . . . . . . . . . . 6 Amendment of sch 9 (Fees) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Replacement of sch 10 (Annual rent) . . . . . . . . . . . . . . . . . . . . . . 7

Part 4 12 13 2 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 Amendment of Petroleum Regulation 2004 Regulation amended in pt 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Amendment of s 40 (Annual rent [P&G, s 145]) . . . . . . . . . . . . . . 8 8

s1 3 s4 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 Part 1 Preliminary 1 Short title This regulation may be cited as the Natural Resources and Mines Legislation Amendment Regulation (No. 2) 2005 . 2 Commencement This regulation commences on 1 January 2006. Part 2 Amendment of Mineral Resources Regulation 2003 3 Regulation amended in pt 2 This part amends the Mineral Resources Regulation 2003. 4 Replacement of s 31 (General royalty payable under the Act) Section 31— omit, insert — ‘31 General royalty payable under the Act ‘(1) Royalty payable under the Act by a person is payable, for all minerals sold, disposed of or used in a return period, at the following rate 1 — (a) for a prescribed mineral— (i) if subparagraph (ii) does not apply—the fixed rate for the mineral; or 1 See, however, subdivisions 3 (Exemptions for particular minerals), 4 (Concessions for particular minerals) and 5 (Discounts for particular minerals processed in Queensland).

s4 4 s4 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 (ii) if the person elected to pay royalty for the mineral at the variable rate—the variable rate for the mineral; (b) for another mineral—the rate stated for the mineral in schedule 4, part 2. ‘(2) If the person elected to pay royalty for a prescribed mineral at the variable rate for the mineral for a relevant 5 year period for the mineral, the person must pay the royalty at the variable rate for all of that mineral sold, disposed of or used during the relevant 5 year period. ‘(3) In this section— elected means made an election under section 31A. fixed rate , for a prescribed mineral, means the rate stated for the mineral in schedule 4, part 1, section 2. relevant 5 year period , for a prescribed mineral, means the 5 year period— (a) ending on either 31 December 2010 or 31 December 2015; and (b) for which an election was made under section 31A to pay royalty for the mineral at the variable rate. variable rate , for a prescribed mineral, means the rate stated for the mineral in schedule 4, part 1, section 3. ‘31A Election to pay royalty for prescribed mineral at variable rate ‘(1) A person who is required under the Act to pay royalty for a prescribed mineral sold, disposed of, or used after 31 December 2005 may elect to pay the royalty at the variable rate for the mineral. ‘(2) The election must be made— (a) for a mineral sold, disposed of, or used before 1 January 2011—on the first royalty return lodged by the person after 31 December 2005; or (b) for a mineral sold, disposed of, or used after 31 December 2010 but before 1 January 2016—on the first

s5 5 s6 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 royalty return lodged by the person after 31 December 2010.’. 5 Replacement of sch 5 (Rental payable) Schedule 5— omit, insert — ‘Schedule 5 Rental payable section 83 $ 1 For a mining claim. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28.95 2 For an exploration permit—for each sub-block. . . . . . . . . . 116.70 3 For a mineral development licence—for each hectare— (a) for the first year of the licence . . . . . . . . . . . . . . . . . . . 3.40 (b) for the second year of the licence . . . . . . . . . . . . . . . . 6.90 (c) for the third year of the licence . . . . . . . . . . . . . . . . . . 10.40 (d) for the fourth year of the licence . . . . . . . . . . . . . . . . . 17.80 (e) for a year of the licence after the fourth year. . . . . . . . 21.30 4 For a mining lease—for each hectare . . . . . . . . . . . . . . . . . 45.05’. 6 Amendment of sch 7 (Dictionary) Schedule 7— insert — ‘ variable rate , for a prescribed mineral, see section 31(3).’.

s 7 6 s 10 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 Part 3 Amendment of Petroleum and Gas (Production and Safety) Regulation 2004 7 Regulation amended in pt 3 This part amends the Petroleum and Gas (Production and Safety) Regulation 2004. 8 Amendment of s 145 (Annual rent) Section 145(2)— omit. 9 Amendment of s 146 (Storage rent payable by owner of stored petroleum or prescribed storage gas) Section 146(2)— omit . 10 Amendment of sch 9 (Fees) (1) Schedule 9, part 4, item 4(a), ‘100.00’— omit, insert — ‘102.50’. (2) Schedule 9, part 4, item 4(b), ‘25.00’— omit, insert — ‘25.60’. (3) Schedule 9, part 4, item 6(a), ‘2 000.00’— omit, insert — ‘2 050.00’. (4) Schedule 9, part 4, item 6(b), ‘1 000.00’— omit, insert — ‘1 025.00’.

s 11 7 s 11 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 11 Replacement of sch 10 (Annual rent) Schedule 10— omit, insert — ‘Schedule 10 Annual rent ‘Part 1 Annual rent sections 145(1) and 146(1) $ 1 Annual rent for authority to prospect (for each sub-block included in the area for the authority)—Act, s 75(1)(b) . . 2.25 2 Annual rent for petroleum lease (for each km 2 of the area for the lease)—Act, s 155(1)(b). . . . . . . . . . . . . . . . . . . . . 112.70 3 Annual rent for data acquisition authority (for each sub-block included in the area of the authority)—Act, s 184A(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.25 4 Annual rent for water monitoring authority (for each sub-block included in the area of the authority)—Act, s 202A(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.12 5 Annual rent for 1923 Act ATP (for each sub-block included in the area for the authority)—1923 Act, s 74N . 2.25

s 12 8 s 13 Natural Resources and Mines Legislation Amendment No. 263, 2005 Regulation (No. 2) 2005 ‘Part 2 Storage rent $ 1 Annual rent for storing petroleum or prescribed storage gas (for each km 2 of the area for the old lease or, if the Minister has made a call for tenders under the Act, section 218, the area of the proposed petroleum lease stated in the call for tenders)—Act, s 227(3). . . . . . . . . . . 112.70’. Part 4 Amendment of Petroleum Regulation 2004 12 Regulation amended in pt 4 This part amends the Petroleum Regulation 2004. 13 Amendment of s 40 (Annual rent [P&G, s 145]) (1) Section 40(1), ‘$100’— omit, insert — ‘$112.70’. (2) Section 40(2)— omit . ENDNOTES 1 Made by the Governor in Council on 3 November 2005. 2 Notified in the gazette on 4 November 2005. 3 Laid before the Legislative Assembly on . . . 4 The administering agency is the Department of Natural Resources and Mines. © State of Queensland 2005