Commonwealth Coat of Arms of Australia

 

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Annual Titles Administration Levy) Regulations 2024

I, the Honourable Sam Mostyn AC, GovernorGeneral of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.

Dated: 7 November 2024

Sam Mostyn AC

GovernorGeneral

By Her Excellency’s Command

Madeleine King

Minister for Resources

 

 

 

 

 

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Regulations 2022

 

1  Name

  This instrument is the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Annual Titles Administration Levy) Regulations 2024.

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.

 

Commencement information

Column 1

Column 2

Column 3

Provisions

Commencement

Date/Details

1.  The whole of this instrument

1 January 2025.

1 January 2025

Note: This table relates only to the provisions of this instrument as originally made.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 Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003.

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  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 1Amendments

 

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Regulations 2022

1  Section 59AA (table items 1 to 4, column 2)

Omit “$11,000”, substitute “$12,000”.

2  Section 59AA (table items 5 and 6, column 2)

Omit “$22,000”, substitute “$24,500”.

3  Section 59AA (table item 7, column 2)

Omit “$27,500”, substitute “$30,500”.

4  Section 59AA (table item 8, column 2)

Omit “$110”, substitute “$122”.

5  Section 59AA (table items 9 and 10, column 2)

Omit “$11,000”, substitute “$26,500”.

6  Section 59AA (cells at table items 11 and 12, column 2)

Repeal the cells, substitute:

 

$106,000

7  At the end of Part 10

Add:

Division 3Provision relating to the commencement of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Annual Titles Administration Levy) Regulations 2024

71  Amendments made by the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Annual Titles Administration Levy) Regulations 2024

  The amendments of section 59AA of this instrument, made by the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Annual Titles Administration Levy) Regulations 2024, apply in relation to a year covered by section 59AA of this instrument beginning on a day that is on or after the day this section commences.