28 Mar 2018
House of Representatives
Before House of Representatives
Industry, Innovation and Science
Introduced with the Offshore Petroleum and Greenhouse Gas Storage Amendment (Miscellaneous Amendments) Bill 2018, the bill amends the
Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 to: enable the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) to recover the costs of its oversight of well operations under greenhouse gas titles by imposing a well investigation levy, an annual well levy and a well activity levy in relation to greenhouse gas wells; impose the well activity levy on submission of a five-yearly revision of a well operations management plan and remove the levy imposed on applications for approval to commence well activities; clarify that it is a compliance investigation under the
Regulatory Powers (Standard Provisions) Act 2014 in relation to which a safety investigation levy or well investigation levy may be imposed; and remove certain spent provisions.