Petroleum (Submerged Lands) (Production Licence Fees) Act 1967 (Cth)

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 [Note: This Act is "repealed" by Act No. 93 of 1994]
(#DATE 30:06:1993)

- Reprinted as at 30 June 1993

*1* The Petroleum (Submerged Lands) (Production Licence Fees) Act 1967 as shown in this reprint comprises Act No. 121, 1967 amended as indicated in the Tables below.
Table of Acts
Act Date Date of Application
Number and of assent commencement saving or
year transitional
provisions
Petroleum (Submerged Lands) (Production Licence Fees) Act 1967
121, 1967 22 Nov 1967 22 Nov 1967 -
Petroleum (Submerged Lands) (Production Licence Fees) Amendment Act
1980 85,1980 29 May 1980 14 Feb 1983 (see Gazette
1983, No.S29) S. 4(2)
Primary Industries and Energy Legislation Amendment Act (No. 2) 1989
15,1990 17 Jan 1990 S. 3: 1 Mar 1990
(see Gazette 1990,
No.S52) (a) -
(a) The Petroleum (Submerged Lands) (Production Licence Fees) Act 1967 was amended by section 3 only of the Primary Industries and Energy Legislation Amendment Act (No. 2) 1989, paragraph 2 (2) (b) of which provides as follows:
"(2) Subject to subsection (3), the amendments of:
(b) the Petroleum (Submerged Lands) (Production Licence Fees) Act 1967; made by this Act commence on a day or days to be fixed by Proclamation."
Table of Amendments
ad=added or inserted am=amended rep=repealed rs=repealed and substituted
Provision affected How affected
Title rs. No. 85,1980
S.4 am. No. 85, 1980; No. 15, 1990
S.7 am. No. 85,1980
S.8 ad. No. 15, 1990

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - TABLE OF 
PROVISIONS 
TABLE

                           TABLE OF PROVISIONS

Section

    1.    Short title

    2.    Commencement

    3.    Incorporation

    4.    Licence fees

    5     Penalty for late payment

    6.    Provisions with respect to Barracouta and Marlin Fields

          Production Licences

    7.    Fees and penalties debts due to the Commonwealth

    8.    Regulations

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - LONG TITLE 
SECT

       An Act to provide for the payment of fees in respect of

       licences under the Petroleum (Submerged Lands) Act 1967

              to recover petroleum from submerged lands

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 1 
Short title 
SECT

  1..This Act may be cited as the Petroleum (Submerged Lands) (Production
Licence Fees) Act 1967.*1*
SEE NOTES TO FIRST ARTICLE OF THIS CHAPTER.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 2 
Commencement 
SECT

  2.  This Act shall come into operation on the day on which it receives the
Royal Assent.*1*
SEE NOTES TO FIRST ARTICLE OF THIS CHAPTER.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 3 
Incorporation 
SECT

  3.  The Petroleum (Submerged Lands) Act 1967 is incorporated and shall be
read as one with this Act.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 4 
Licence fees 
SECT

  4.  (1) There is payable to the Designated Authority by a licensee, in
respect of each year of the term of the licence a fee calculated in accordance
with the regulations.
  (2)  A fee referred to in the last preceding subsection is payable within
one month after:

  (a)  in the case of the first year of the term of the licence the day on
which that term commenced; and

  (b)  in the case of a year of the term of the licence other than the first -
the anniversary of that day.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 5 
Penalty for late payment 
SECT

  5.  Where the liability of a licensee to pay a fee referred to in the last
preceding section is not discharged at or before the time when the fee is
payable, there is payable to the Designated Authority by the licensee an
additional amount calculated at the rate of one-third of one per centum per
day upon the amount of the fee from time to time remaining unpaid, to be
computed from the time when the fee became payable until it is paid.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 6 
Provisions with respect to Barracouta and Marlin Fields Production 
Licences 
SECT

  (6).  (1) The following provisions of a licence referred to in section 146
of the Petroleum (Submerged Lands) Act 1967 that is to say, clauses 3 and 4,
shall be deemed to have effect as conditions of the licence as the licence has
effect by reason of that section.
  (2)  A reference in any provision referred to in the last preceding
subsection to the Minister shall be read as a reference to the Designated
Authority.
  (3)  Sections 4 and 5 of this Act do not have effect in relation to a
licence to which this section applies.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 7 
Fees and penalties debts due to the Commonwealth 
SECT

  7. (1) The following are debts due by the licensee to the Commonwealth and
are recoverable in a court of competent jurisdiction:

  (a)  a fee under section 4 of this Act;

  (b)  a fee payable by reason of the last preceding section;

  (c)  an amount payable under section 5 of this Act; and

  (d)  an amount payable by reason of the last preceding section by reason of
late payment of a fee referred to in paragraph (b) of this section.
  (2)  Fees and other amounts referred to in subsection (1) received by the
Designated Authority shall be received by him on behalf of the Commonwealth.

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967 - SECT 8 
Regulations 
SECT

  8.  The Governor-General may make regulations for the purposes of section 4.