- Type
- Government
- Portfolio
- Industry, Tourism and Resources
- Originating house
- House of Representatives
- Status
- Act
- Parliament no
- 41
- Summary
- Part of a package of 5 bills which rewrites the legislation currently providing for the administration of Australia’s offshore petroleum resources, the bill replaces the
Petroleum (Submerged Lands) (Royalty) Act 1967
by imposing a royalty to be payable in respect of petroleum produced in the North West Shelf project area under the proposed Offshore Petroleum Act 2005
; and makes transitional arrangements.
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