Petroleum (Submerged Lands) Fees Amendment Regulations 2009 (No. 1)1
Select Legislative Instrument 2009 No. 154
I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006.
Dated 24 June 2009
QUENTIN BRYCE
Governor-General
By Her Excellency’s Command
MARTIN FERGUSON
Minister for Resources and Energy
1              Name of Regulations
                These Regulations are the Petroleum (Submerged Lands) Fees Amendment Regulations 2009 (No. 1).
2              Commencement
                These Regulations commence on 1 July 2009.
3              Amendment of Petroleum (Submerged Lands) Fees Regulations 1994
                Schedule 1 amends the Petroleum (Submerged Lands) Fees Regulations 1994.
Schedule 1        Amendments
(regulation 3)
 
[1]           Regulation 1
substitute
1              Name of Regulations
                These Regulations are the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Regulations 1994.
[2]           Subregulation 3 (1), definition of Act
substitute
Act means the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006.
[3]           Regulations 4, 5, 6, 6A and 7
substitute
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)    $1 135; or
               (b)    $55 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 $6 820 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 $20 460 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 $13 640.
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 $90 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.
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See http://www.frli.gov.au.