Bill
Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment Bill 2014
passed, as at 2014-07-17. Industry portfolio.
- Sponsor
- Not recorded
- Portfolio
- Industry
Recorded stages
- introduced — 2014-05-29
- second reading — 2014-05-29
- second reading — 2014-06-16
- second reading — 2014-06-17
- second reading — 2014-06-17
- third reading — 2014-06-17
- introduced — 2014-06-19
- second reading — 2014-06-19
- second reading — 2014-06-26
- second reading — 2014-06-26
- third reading — 2014-06-26
- passed — 2014-06-26
- royal assent — 2014-07-17
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2014-05-29.
This bill updates how levies are charged under offshore petroleum and greenhouse gas laws.
It would make the environmental plan levy payable by someone who submits a plan before getting a title, not just after.
The bill also ensures the annual titles administration levy applies even if a title lasts less than a full year or beyond its original term.
- The bill extends the environment plan levy to applicants for certain titles who submit a plan before the title is granted.
- It makes the levy payable by holders of petroleum scientific investigation consents or greenhouse gas research consents.
- It clarifies that annual titles administration levy is imposed for each anniversary of the title's start, even if the title continues past its nominal term or ends early.
Offshore petroleum and greenhouse gas titleholders, applicants for certain titles, and holders of scientific investigation or research consents.
Sources
em
billhome
frl act