Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Regulations 1994

Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Regulations 1994

Statutory Rules 1994 No. 237 as amended

made under the

Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006

This compilation was prepared on 1 November 2011
taking into account amendments up to SLI 2011 No. 198

[Note: The Petroleum (Submerged Lands) Fees Act 1994 was repealed on 01/07/2008 by the Offshore Petroleum (Repeals and Consequential Amendments) Act 2006 (No. 17 of 2006) however this instrument remains in force under the transitional provisions in clause 2 of Schedule 1 to the Offshore Petroleum (Annual Fees) Act 2006.]

Prepared by the Office of Legislative Drafting and Publishing,
Attorney-General’s Department, Canberra

Contents

 1 Name of Regulations [see Note 1]

 2 Commencement 

 3 Interpretation 

 4 Exploration permit fee 

 5 Retention lease fee 

 6 Production licence fee 

 7 Infrastructure licence fee 

 8 Pipeline licence fee 

 9 Greenhouse gas holding lease fee 

 10 Greenhouse gas injection licence fee 

Notes  

1 Name of Regulations [see Note 1]

  These Regulations are the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Regulations 1994.

2 Commencement

  These Regulations commence on 1 July 1994.

3 Interpretation

 (1) In these Regulations, unless the contrary intention appears:

Act means the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006.

GST has the meaning given by section 195‑1 of the A New Tax System (Goods and Services Tax) Act 1999.

 (2) If a fee is specified in, or calculated in accordance with, these Regulations, the following applies in relation to GST:

 (a) if the fee is specified in a current determination of the Treasurer made under subsection 81‑5 (2) of the A New Tax System (Goods and Services Tax) Act 1999 — the fee does not include GST;

 (b) if the fee is not specified in a current determination of the Treasurer made under subsection 81‑5 (2) of the A New Tax System (Goods and Services Tax) Act 1999 — the fee includes GST.

4 Exploration permit fee

  For subsection 4 (3) of the Act, the fee for an exploration permit for a year of the term of the permit is the greater of:

 (a) $1 290; or

 (b) $65 for each block to which the permit relates at the beginning of the year.

5 Retention lease fee

  For subsection 4 (3) of the Act, the fee for a retention lease for a year of the term of the lease is $7 755 for each block to which the lease relates at the beginning of the year.

6 Production licence fee

  For subsection 4 (3) of the Act, the fee for a production licence for a year of the term of the licence is $23 265 for each block to which the licence relates at the beginning of the year.

7 Infrastructure licence fee

  For subsection 4 (3) of the Act, the fee for an infrastructure licence for a year of the term of the licence is $15 510.

8 Pipeline licence fee

  For subsection 4 (3) of the Act, the fee for a pipeline licence for a year of the term of the licence is $105 per kilometre, or part of a kilometre, of the length of the pipeline at the beginning of the year.

9 Greenhouse gas holding lease fee

  For subsection 4A (3) of the Act, the fee for a greenhouse gas holding lease for a year of the term of the lease is $6 820 for each block to which the lease relates at the beginning of the year.

10 Greenhouse gas injection licence fee

  For subsection 4A (3) of the Act, the fee for a greenhouse gas injection licence for a year of the term of the licence is $20 460 for each block to which the licence relates at the beginning of the year.

Notes to the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Regulations 1994

Note 1

The Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Regulations 1994 (in force under the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006) as shown in this compilation comprise Statutory Rules 1994 No. 237 amended as indicated in the Tables below.

Table of Instruments

Table of Amendments