Offshore Minerals (Registration Fees) Regulations (Cth)

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Statutory Rules 1994

No. 48 1

__________________

Offshore Minerals (Registration Fees) Regulations

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Offshore Minerals (Registration Fees) Act 1981.

Dated 4 March 1994.

 BILL HAYDEN

 Governor-General

By His Excellency’s Command,

D. BEDDALL

Minister for Resources

_______________

Citation

 1. These Regulations may be cited as the Offshore Minerals (Registration Fees) Regulations.

[NOTE:

 These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48]

Interpretation

 2.In these Regulations, unless the contrary intention appears:

“the Act” means the Offshore Minerals (Registration Fees) Act 1981.

Registration fee—prescribed percentage: subsection 4 (1) of the Act

 3. For the purposes of subsection 4 (1) of the Act, the prescribed percentage of:

  • (a)

    the value of the consideration for a document; or

  • (b)

    the value of a licence, share or interest;

    as the case requires, is 1.5%.

Amounts of other registration fees

 4. For the purposes of a provision of the Act specified in column 2 of an item in the Schedule, the amount specified in column 3 of the item is prescribed.

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SCHEDULE

Regulation 4

REGISTRATION FEES

Column 1

Item

Column 2

Provision

Column 3

Amount

$

1

subsection 4 (2)

600

2

subsection 4 (4)

3,000

3

subsection 4 (5)

3,000

NOTE

1. Notified in the Commonwealth of Australia Gazette on 11 March 1994.

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