Commonwealth Consolidated Regulations

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (REGULATORY LEVIES) REGULATIONS 2022 - REG 59G

Amount of levy

  (1)   For the purposes of subsection   10G(4) of the Regulatory Levies Act, the amount of environment plan levy imposed on the submission of an environment plan is the sum of the following:

  (a)   the total activity amount for the submission;

  (b)   the total compliance amount for the submission.

Total activity amount for submission

  (2)   The total activity amount for the submission is the sum of the activity amounts for all of the activities to which the plan relates.

Total compliance amount for submission

  (3)   The total compliance amount for the submission is the sum of the compliance amounts for all of the activities to which the plan relates.

Activity amounts for activities

  (4)   The activity amount for an activity to which the plan relates is worked out by:

  (a)   multiplying the activity rating for the activity by $5,420; and

  (b)   if the activity is not a survey activity, and is not carried out for the purposes of complying with a State/Territory remedial direction--multiplying the result of paragraph   (a) by the number of State/Territory titles (within the meaning of section   10G of the Regulatory Levies Act) that authorise the activity.

Compliance amounts for activities

  (5)   The compliance amount for an activity to which the plan relates is worked out by:

  (a)   multiplying the compliance rating for the activity by $5,420; and

  (b)   multiplying the result of paragraph   (a) by the lesser of:

  (i)   the expected duration of the activity as specified in the plan (expressed in whole years and rounding part years up to the next whole year); and

  (ii)   5; and

  (c)   if the activity is not a survey activity, and is not carried out for the purposes of complying with a State/Territory remedial direction--multiplying the result of paragraph   (b) by the number of State/Territory titles (within the meaning of section   10G of the Regulatory Levies Act) that authorise the activity.



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