Petroleum (Submerged Lands) Fees Amendment Regulations 2003 (No. 1) (Cth)

Petroleum (Submerged Lands) Fees Amendment Regulations 2003 (No. 1)1

Statutory Rules 2003 No. 242

I, PETER JOHN HOLLINGWORTH, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Petroleum (Submerged Lands) Fees Act 1994.

Dated 20 February 2003

PETER HOLLINGWORTH

Governor-General

By His Excellency’s Command

IAN MACFARLANE

Minister for Industry, Tourism and Resources

1Name of Regulations

These Regulations are the Petroleum (Submerged Lands) Fees Amendment Regulations 2003 (No. 1).

2Commencement

These Regulations commence on 1 March 2003.

3Amendment of Petroleum (Submerged Lands) Fees Regulations 1994

Schedule 1 amends the Petroleum (Submerged Lands) Fees Regulations 1994.

Schedule 1Amendments

(regulation 3)

  

[1]Paragraphs 4 (a) and (b)

substitute

1. (a)

   $1 500; or

2. (b)

   $72 for each block to which the permit relates at the beginning of the year.

[2]Regulation 5

omit

$6,000

insert

$8 600

[3]Regulation 6

omit

$18,000

insert

$25 800

[4]Regulation 7

omit

$80

insert

$115

Notes

1. These Regulations amend Statutory Rules 1994 No. 237, as amended by 2001 No. 207.

2. Notified in the Commonwealth of Australia Gazette