Petroleum (Submerged Lands) Regulations 1987 (NT)
NORTHERN TERRITORY OF AUSTRALIA
PETROLEUM (SUBMERGED LANDS) regulations 1987
As in force at 1 July 2013
northern territory of australia
As in force at 1 July 2013
Petroleum (Submerged Lands) regulations 1987
Regulations under the Petroleum (Submerged Lands) Act 1981
These Regulations may be cited as the
For the purposes of section 78(3) of the Act, an instrument of transfer shall be in the form specified in the Schedule.
For the purposes of each section of the Act specified in Column 1 of Schedule 2, the fee specified opposite in Column 2 is prescribed.
(1) For the purposes of section 81(4)(b) of the Act, the following particulars are prescribed:
(a) the description and date of execution of the instrument evidencing the dealing referred to in section 81(4)(a) of the Act;
(b) details of the title (including the type and number of the title) to which the dealing relates;
(c) the full name and business address of each party to the dealing;
(d) details of the effect or effects, upon registration, of the dealing specified in terms of the relevant paragraph or paragraphs of section 81(1) of the Act;
(e) details of the interest or interests in the title of all parties to the dealing:
(i) before the registration of the dealing; and
(ii) in the event of approval of the dealing, after the registration of the dealing;
(f) in the case of a dealing to which section 92(5)(a) of the Act applies – the value of the consideration;
(g) in the case of a dealing relating to an interest in a licence or pipeline licence to which section 92(5)(b) of the Act applies – the value of the interest;
(h) whether or not the parties to the dealing have made or propose to make an application for the purposes of section 92(7) of the Act;
(j) in respect of any related dealing in relation to which an entry has been made in the Register or an application in writing for approval by the Minister has been lodged (whether before or after the commencement of the
Petroleum (Submerged Lands) Amendment Act 1989 ):(i) the description and date of execution of the instrument evidencing the dealing;
(ii) the date of approval by the Minister or Designated Authority (if appropriate); and
(iii) the registration number (if any).
(2) In subregulation (1),
related dealing means a dealing executed before the execution of the instrument evidencing the dealing referred to in subregulation (1)(a), by some or all of the parties to that instrument:(a) that affects the title which is the subject of the dealing to which the instrument referred to in subregulation (1)(a) relates; and
(b) that:
(i) creates or assigns an option to enter into the dealing referred to in subregulation (1)(a);
(ii) creates or assigns a right to enter into the dealing referred to in subregulation (1)(a); or
(iii) is altered or terminated by the dealing referred to in subregulation (1)(a),
and includes a transaction in respect of which an instrument was registered under section 81 of the Act before 3 September 1986.
(1) For the purposes of section 86(1) of the Act, the fee payable is 19 revenue units.
(2) For the purposes of section 87(2) of the Act, the fee is to be calculated at the rate of $5.75 per page.
(3) For the purposes of section 87(3) of the Act, the fee payable is 28 revenue units.
For the purposes of section 114(1)(a) of the Act, the prescribed amount of a security is:
(a) in the case of a security referred to in Division 2 or 2A of Part II of the Act – $30 000;
(b) in the case of a security referred to in Division 3 of Part II of the Act – $300 000; and
(c) in the case of a security referred to in Division 4 of Part II of the Act – $120 000.
(1) For the purposes of section 118(1A)(b), (2)(b), (5)(c) and (5A)(b) of the Act, the fee payable is an amount equal to the sum of the following amounts:
(a) where the information requested is contained in a document and that document is lent to the person who made the request – an amount calculated at the rate of 35 revenue units per day or part of a day during which the document containing the information is on loan to that person;
(b) where the information requested is contained in a document and that document is not readily available and a search is necessary to locate the information – an amount calculated at the rate of 35 revenue units per hour or part of an hour after the first half-hour for the time taken to locate the information;
(c) where any information referred to in paragraphs (a) or (b) is, on the application of the person making the request:
(i) copied or reproduced; or
(ii) forwarded or consigned to that person,
an amount equal to all costs incurred in the copying, reproduction, forwarding or consignment, including the costs of packaging where applicable.
(2) For the purposes of section 118(3) and (5)(d) of the Act, the fee payable is an amount equal to the sum of the following amounts:
(a) where the core, cutting or sample is lent to the person who made the request – an amount calculated at the rate of 35 revenue units per day or part of a day during which the core, cutting or sample is on loan to that person;
(b) where the core, cutting or sample is not readily available and a search is necessary to locate the core, cutting or sample – an amount calculated at the rate of 35 revenue units per hour or part of an hour after the first half-hour for the time taken to locate the core, cutting or sample;
(c) where the core, cutting or sample is, on the application of the person making the request, forwarded or consigned to that person – an amount equal to all costs incurred in the forwarding or consignment, including the costs of packaging where applicable.
8 Exploration permit fees For the purposes of section 138(1)(a) of the Act, the fee payable is:
(a) $1 500; or
(b) an amount calculated at a rate of $84 for each block to which the permit relates at the commencement of the year,
whichever is the greater.
For the purposes of section 138(1)(b) of the Act, the fee payable shall be calculated at the rate of $12 075 for each block to which the lease relates at the commencement of the year.
For the purposes of section 138(1)(c) of the Act, the fee payable is $18 000 for each block to which the licence relates at the commencement of the year.
For the purposes of section 138(1)(d) of the Act, the fee payable is to be calculated at the rate of $120 per kilometre or part of a kilometre of the length of the pipeline as at the commencement of the year.
(1) If an annual fee prescribed by regulation 8, 9, 10 or 11 is payable in respect of a period any of which is after 30 June 2000, the amount of the fee payable in respect of the period after 30 June 2000 is increased by the amount of the GST component.
(2) Despite that the fee in respect of a period after 30 June 2000 may have been paid, the additional amount of the GST component may be separately charged and is payable by the permittee, licensee or lessee (as the case may be) within one month after the date the charge is made.
(3) The GST component of a fee in respect of a period after 30 June 2000 is to be calculated in accordance with the formula:
GST component = (AF/10) x (GST period/366)
where:
AF is the relevant annual fee prescribed; and
GST period is the number of days that are in the period after 30 June 2000.
(4) In this regulation
GST has the same meaning as in theA New Tax System (Goods and Services Tax) Act 1999 of the Commonwealth.
regulation 2
NORTHERN TERRITORY OF AUSTRALIA
TRANSFER OF TITLE UNDER SECTION 78
I/We
being the registered holder/holders
in consideration of
hereby transfer all right, title and interest in that
to
IN WITNESS of this transfer the parties to the transfer have affixed their respective common seals or signatures below on this day of , 19 .
(1) Delete whichever is inapplicable.
(2) Here insert the name of the transferor, or where there are 2 or more transferors, the name of each transferor.
(3) Here insert the type (e.g., exploration permit, production licence) and number of the property transferred that is a title within the meaning of section 78 of the Act.
(4) Here insert the value of the consideration for the transfer or the value of the title transferred. Where the transfer of the title is pursuant to a dealing which has been approved and registered under the Act, insert a reference that is sufficient to identify that dealing.
(5) Here insert the name and address of the transferee or, where there are 2 or more transferees, the name and address of each transferee.
(6) Here affix the common seal or signature of the transferor or of each transferor, as the case may be.
(7) Here affix the common seal or signature of the transferee or of each transferee, as the case may be.
regulation 3
Column 1 Section | Column 2 Fee (revenue units) |
Section 21(1)(f) | 4 285 |
Section 24(1)(a) | 4 285 |
Section 30(2)(c) | 1 428 |
Section 38A(2)(e) | 1 428 |
Section 38F(2)(d) | 1 428 |
Section 41(1)(e) | 1 428 |
Section 48(1)(a) | 4 714 |
Section 51(2)(e) | 857 |
Section 54(2)(d) | 1 428 |
Section 64(1)(f) | 4 285 |
Section 71(2)(e) | 857 |
Section 79(2) | 85 |
Section 79(3)(b) | 85 |
Section 92(2) | 857 |
Section 92(3) | 857 |
Section 92(4) | 4 285 |
Section 92(6) | 857 |
Section 92(7) | 4 285 |
Section 111(2)(d) | 857 |
1 KEY
Key to abbreviations
2 LIST OF LEGISLATION
Notified | 11 February 1987 |
Commenced | 11 February 1987 |
Notified | 18 December 1991 |
Commenced | 18 December 1991 (r 1, s 2 |
Notified | 19 December 1995 |
Commenced | 19 December 1995 (r 1, s 2 |
Notified | 30 June 2000 |
Commenced | 30 June 2000 |
Notified | 29 May 2013 |
Commenced | 1 July 2013 (r 2) |
3 GENERAL AMENDMENTS
General amendments of a formal nature (which are not referred to in the table of amendments to this reprint) are made by the
4 LIST OF AMENDMENTS
rr 3 – 4 ins No. 69, 1991, r 2
rr 5 – 7 ins No. 69, 1991, r 2
amd No. 14, 2013, r 5
r 8 ins No. 69, 1991, r 2
amd No. 41, 1995, r 2; No. 14, 2013, r 5
r 9 ins No. 69, 1991, r 2
amd No. 41, 1995, r 3 No. 14, 2013, r 5
r 10 ins No. 69, 1991, r 2
amd No. 41, 1995, r 4 No. 14, 2013, r 5
r 11 ins No. 69, 1991, r 2
amd No. 41, 1995, r 5 No. 14, 2013, r 5
r 12 ins No. 36, 2000
sch 1 amd No. 69, 1991, r 3
sch 2 ins No. 69, 1991, r 4
sub No. 14, 2013, r 4
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