Petroleum (Submerged Lands) Regulations (Amendment)

EXPLANATORY STATEMENT

STATUTORY RULES 1990 No. 54

Issued by the authority of the Minister of State for Resources.

PETROLEUM (SUBMERGED LANDS) ACT 1967

PETROLEUM (SUBMERGED LANDS) REGULATIONS (AMENDMENT)

PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) ACT 1967

PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) ACT REGULATIONS 1990 No. 55

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) ACT 1967

PETROLEUM (SUBMERGED LANDS) (PRODUCTION LICENCE FEES) REGULATIONS 1990 No. 56

PETROLEUM (SUBMERGED LANDS) (PIPELINE LICENCE FEES) ACT 1967

PETROLEUM (SUBMERGED LANDS) (PIPELINE LICENCE FEES) REGULATIONS 1990 No. 57

PETROLEUM (SUBMERGED LANDS) (REGISTRATION FEES) ACT 1967

PETROLEUM (SUBMERGED LANDS) (REGISTRATION FEES) REGULATIONS 1990 No. 58

PETROLEUM (SUBMERGED LANDS) (RETENTION LEASE FEES) ACT 1985

PETROLEUM (SUBMERGED LANDS) (RETENTION LEASE FEES) REGULATIONS 1990 No. 59

Paragraphs 21(1)(f), 22A(5)(h), 24(1)(a), 38A(2)(e), 41(1)(e), 48(1)(a), 51(2)(e) and 64(1)(f) of the Petroleum (Submerged Lands) Act 1967 (the Principal Act), as amended by Primary Industries and Energy Legislation Amendment Act (No 2) 1989, impose prescribed fees for applications for titles (ie exploration permits, production licences, pipeline licences, and retention leases) and paragraph 111(2)(d) of the Principal Act imposes a prescribed fee for an application for a special prospecting authority.

Paragraphs 30(2)(c), 38F(2)(d), 54(2)(d) and 68(2)(c) of the Principal Act impose prescribed fees for applications for renewals of titles and paragraph 71(2)(e) of the Principal Act, imposes a fee for an application for a variation of a pipeline licence.

Subsections 118(1B), (2) (3) (5) and (5A) of the Principal Act impose prescribed fees for loans of documents, cores, cuttings or samples made publicly available by the Principal Act. Paragraph 114(1)(a) under the Principal Act provides that prescribed securities be given prior to granting of titles issued under the Principal Act.

Section 79 of the Principal Act imposes a prescribed fee to register a change of name of a titleholder. Subsection 86(1) of the Principal Act imposes prescribed fees for inspection of the Register and to certify evidence from the Register.

Proposed Regulations 5, 6, 7, 8, 9 and Schedule 2 to the Petroleum (Submerged Lands) Regulations specify prescribed fees and securities contained in the Principal Act as summarised in Table 1.

Regulations being put forward other than those under the Principal Act are set out in Attachments A to E.

The Regulations took effect on Gazettal

TABLE 1

Petroleum (Submerged Lands) Regulations - Schedule of Fees