For the purposes of subsection 10E(4) of the Regulatory Levies Act, the amount of annual titles administration levy imposed on an eligible title for:
(a) the year beginning on the day the eligible title comes into force; and
(b) each subsequent year beginning on the anniversary of that day;
is specified in, or worked out in accordance with, the following table.
Annual titles administration levy amounts | ||
Item | Column 1 | Column 2 |
| Eligible title | Amount |
1 | work - bid petroleum exploration permit | $12,000 |
2 | cash - bid petroleum exploration permit | $12,000 |
3 | special petroleum exploration permit | $12,000 |
4 | boundary - change petroleum exploration permit | $12,000 |
5 | petroleum retention lease | the number of blocks that are the subject of the lease, multiplied by $24,500 |
6 | petroleum production licence | the number of blocks that are the subject of the licence, multiplied by $24,500 |
7 | infrastructure licence | $30,500 |
8 | pipeline licence | $122 for each kilometre, or part of a kilometre, of the length of the pipeline covered by the licence |
9 | work - bid greenhouse gas assessment permit | $26,500 |
10 | cross - boundary greenhouse gas assessment permit | $26,500 |
11 | greenhouse gas holding lease | $106,000 |
12 | greenhouse gas injection licence | $106,000 |
Note: Section 695M of the OPGGS Act sets out when annual titles administration levy becomes due and payable.