Statutory Rules
1990 No. 551
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Petroleum
(Submerged Lands) (Exploration Permit Fees) Regulations
I,
THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice
of the Federal Executive Council and pursuant to section 4 of the Acts Interpretation Act 1901, hereby
make the following Regulations under the Petroleum
(Submerged Lands) (Exploration Permit Fees) Act 1967.
Dated
19 February 1990.
BILL HAYDEN
Governor-General
By His Excellency’s Command,
PETER COOK
Minister
of State for Resources
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Citation
1. These Regulations may be
cited as the Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations.
Interpretation
2. In these Regulations,
unless the contrary intention appears:
“the Act” means the Petroleum (Submerged Lands) (Exploration
Permit Fees) Act 1967.
Permit fees—subsection 4
(1) of the Act
3. For the purposes of
subsection 4(1) of the Act, the fee payable is:
(a)
$1,000; or
(b)
an amount calculated at a rate of $50 for each block to which the permit
relates at the commencement of the year;
whichever
is the greater.
NOTE
1.
Notified in the Commonwealth of Australia
Gazette