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Bill

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Miscellaneous Measures) Bill 2019

passed, as at 2020-05-15. Industry, Innovation and Science portfolio.

Sponsor
Not recorded
Portfolio
Industry, Innovation and Science

Recorded stages

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 2019-12-04.

This bill is part of a package that amends offshore petroleum and greenhouse gas laws to manage storage formations that cross state and Commonwealth boundaries, unify adjacent titles, and strengthen NOPSEMA's emergency powers.

The bill would amend the Levies Act to ensure levies apply to cross-boundary titles and that the Act binds state and territory governments, with retrospective effect.

The package would create a Cross-boundary Authority to grant titles and make the Commonwealth liable for long-term civil liability after site closure.

Companies holding greenhouse gas titles, state and territory governments, NOPSEMA, and the Titles Administrator.

Sources

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