Petroleum (Submerged Lands) (Royalty) Amendment Act 1985 (Cth)

Petroleum (Submerged Lands) (Royalty) Amendment Act 1985

No. 81 of 1985

An Act to amend the Petroleum (Submerged Lands)(Royalty) Act 1967

[Assented to 6 June 1985]

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:

Short title, &c.

1. (1) This Act may be cited as the Petroleum (Submerged Lands)(Royalty) Amendment Act 1985.

(2) The Petroleum (Submerged Lands)(Royalty) Act 19671is in this Act referred to as the Principal Act.

Commencement

2. (1) Sections 1 and 2 shall come into operation on the day on which this Act receives the Royal Assent.

(2) Section 3 shall come into operation on a day to be fixed by Proclamation.

(3) Section 4 shall come into operation on the day on which section 5 of the Petroleum (Submerged Lands) Amendment Act 1985 comes into operation.

 

3. After section 4 of the Principal Act the following section is inserted:

Application of Act

“4a. This Act does not apply in relation to a permit, lease or licence granted in respect of a block in the adjacent area in respect of the Territory of Ashmore and Cartier Islands.”.

Amendments

4. The Principal Act is amended as set out in the Schedule.

SCHEDULE Section 4

AMENDMENTS OF THE PRINCIPAL ACT

Section 4—

Insert “, lease” after “permit” (first occurring).

Paragraph 4 (a)—

Omit “or licence has effect”, substitute “, lease or licence comes into force”.

Sub-section 5(1)—

(a) Insert “, lessee” after “permittee” (wherever occurring).

(b) Insert “, lease area” after “permit area”.

Sub-sections 5 (1b), (2) and (8)—

Omit “permit or licence” (wherever occurring), substitute “permit, lease or licence”.

Paragraph 7 (1) (b)—

Insert “, lessee” after “permittee”.

Sub-section 7 (2)—

Insert “, lessee” after “permittee” (wherever occurring).

Section 8—

Insert “, lessee” after “permittee”.

Section 9—

Insert “, lessee” after “permittee”.

Section 10—

Insert “, lessee” after “permittee” (wherever occurring).

Sub-section 11 (2)—

Insert “, the lessee” after “permittee”.

Section 13—

Insert “, lessee” after “permittee”.

NOTE

1. No. 119, 1967, as amended. For previous amendments, see No. 81, 1980.

 

[Minister’s second reading speech made in—

House of Representatives on 23 April 1985

Senate on 20 May 1985