Bill
Offshore Electricity Infrastructure (Regulatory Levies) Bill 2021
passed, as at 2021-12-02. Industry, Science, Energy and Resources portfolio.
- Sponsor
- Not recorded
- Portfolio
- Industry, Science, Energy and Resources
Recorded stages
- introduced — 2021-09-02
- second reading — 2021-09-02
- second reading — 2021-10-27
- second reading — 2021-10-28
- second reading — 2021-10-28
- third reading — 2021-10-28
- introduced — 2021-11-22
- second reading — 2021-11-22
- second reading — 2021-11-25
- second reading — 2021-11-25
- third reading — 2021-11-25
- passed — 2021-11-25
- royal assent — 2021-12-02
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 2021-09-02.
This bill would let the government charge levies on companies that build and run offshore electricity projects.
The Offshore Infrastructure Registrar and Regulator would collect the levies to cover costs not paid by fees under the main bill.
The levy details, such as amounts and how they are calculated, would be set out in regulations made later.
- Imposes levies on regulated entities for offshore electricity activities.
- Recovers costs for regulating the offshore electricity industry that fees do not cover.
- Aligns cost recovery with the existing offshore petroleum and greenhouse gas storage regime.
Companies that carry out offshore electricity infrastructure projects, including transmission and generation, in the Commonwealth offshore area.
Sources
em
billhome
frl act