Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Levy Amounts) Regulations 2021

I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated 11 November 2021

David Hurley

Governor‑General

By His Excellency’s Command

Keith Pitt

Minister for Resources and Water

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Regulations 2004

1  Name

  This instrument is the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Levy Amounts) Regulations 2021.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under the following:

 (a) the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003;

 (b) the Offshore Petroleum and Greenhouse Gas Storage Act 2006.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Regulations 2004

1  Regulation 49

Omit “$4,540”, substitute “$5,000”.

2  Regulation 52

Omit “$4,540”, substitute “$5,000”.

3  Regulation 55 (table item 1, column headed “Amount”)

Omit “$38,500”, substitute “$42,400”.

4  Regulation 55 (table item 2, column headed “Amount”)

Omit “$38,500”, substitute “$42,400”.

5  Regulation 58 (table item 1, column headed “Amount”)

Omit “$38,500”, substitute “$42,400”.

6  Regulation 58 (table item 3, column headed “Amount”)

Omit “$38,500”, substitute “$42,400”.

7  Subregulation 59A(2)

Omit “$10,000”, substitute “$11,000”.

8  Subregulation 59A(2A)

Omit “$10,000”, substitute “$11,000”.

9  Subregulation 59A(2B)

Omit “$10,000”, substitute “$11,000”.

10  Subregulation 59A(3)

Omit “$20,000”, substitute “$22,000”.

11  Subregulation 59A(4)

Omit “$20,000”, substitute “$22,000”.

12  Subregulation 59A(5)

Omit “$25,000”, substitute “$27,500”.

13  Subregulation 59A(6)

Omit “$100”, substitute “$110”.

14  Subregulation 59A(7)

Omit “$10,000”, substitute “$11,000”.

15  Subregulation 59A(7A)

Omit “$10,000”, substitute “$11,000”.

16  Subregulation 59A(8)

Omit “$20,000”, substitute “$22,000”.

17  Subregulation 59A(9)

Omit “$20,000”, substitute “$22,000”.

18  Paragraph 59C(3)(b)

Omit “$3,960”, substitute “$4,400”.

19  Paragraph 59C(4)(b)

Omit “$3,960”, substitute “$4,400”.

20  Paragraph 59G(3)(b)

Omit “$3,960”, substitute “$4,400”.

21  Paragraph 59G(4)(b)

Omit “$3,960”, substitute “$4,400”.

22  Clause 2.6 of Schedule 1

Omit “$38,500”, substitute “$42,400”.

23  Clause 3.3 of Schedule 1 (table item 1, column 2)

Omit “$187,000”, substitute “$205,700”.

24  Clause 3.3 of Schedule 1 (table item 2, column 2)

Omit “$124,300”, substitute “$136,700”.

25  Clause 3.3 of Schedule 1 (table item 3, column 2)

Omit “$187,000”, substitute “$205,700”.

26  Clause 3.3 of Schedule 1 (table item 4, column 2)

Omit “$124,300”, substitute “$136,700”.

27  Clause 1.3 of Schedule 3

Omit “$15,400”, substitute “$16,950”.

28  Clause 2.2 of Schedule 3

Omit “$61,600”, substitute “$67,800”.