Commonwealth Consolidated Regulations

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (REGULATORY LEVIES) REGULATIONS 2022 - REG 32

Reconciliation of levy recovered by instalments with levy payable

  (1)   NOPSEMA must ensure, as far as practicable, that the amounts of safety case levy that, under section   23 or 31, it notifies to the operator of a facility or the licensee of a pipeline licence as being due and payable recover the whole of the amount of levy payable by the operator or licensee for the year, taking into account:

  (a)   any changes in the applicable facility rating of a facility described in items   3 or 4 of the table in subsection   19(1); and

  (b)   any remittal or refund of levy made under section   33; and

  (c)   any previous adjustment of levy made under section   34.

  (2)   For the purposes of subsection   687(3) of the OPGGS Act, if the amounts paid by way of instalments during a year are inadequate, or will be inadequate, to recover the whole of the amount of levy payable by the operator or licensee in relation to a safety case in force in relation to one or more facilities for a year:

  (a)   NOPSEMA must notify the operator or licensee, in writing, of:

  (i)   the amount of levy (the shortfall amount ) that has not been paid in the instalments, or that will otherwise need to be paid, to ensure that the whole of the levy that is payable is recovered; and

  (ii)   the operator's or licensee's obligation to pay the shortfall amount; and

  (b)   the shortfall amount is due and payable 30 days after NOPSEMA notifies the operator or licensee under paragraph   (a).



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