Commonwealth Consolidated Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 695J

Credits to the Account

    The following amounts must be credited to the Account:

  (a)   amounts equal to amounts paid to the Titles Administrator on behalf of the Commonwealth by way of fees paid under regulations made for the purposes of subsection   695L(1);

  (b)   amounts equal to the following amounts paid to the Titles Administrator on behalf of the Commonwealth:

  (i)   amounts paid by way of annual titles administration levy imposed by the Regulatory Levies Act;

  (ii)   amounts paid by way of late payment penalty under subsection   695M(4);

  (c)   amounts equal to any other amounts paid to the Titles Administrator, on behalf of the Commonwealth, by a State or the Northern Territory;

  (d)   amounts equal to any other amounts paid to the Titles Administrator on behalf of the Commonwealth.

Note:   An Appropriation Act may contain a provision to the effect that, if any of the purposes of a special account is a purpose that is covered by an item in the Appropriation Act (whether or not the item expressly refers to the special account), then amounts may be debited against the appropriation for that item and credited to that special account.


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