Commonwealth Consolidated Regulations

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (RESOURCE MANAGEMENT AND ADMINISTRATION) REGULATIONS 2011 - REG 9.22

  (1)   A greenhouse gas injection licensee commits an offence if the licensee does not give an annual greenhouse gas accounting report for a licence area to the Titles Administrator within the period:

  (a)   starting on the last day of the financial year to which the report relates; and

  (b)   ending on the day 4 months after that day.

Penalty:   60 penalty units.

  (2)   An offence against subregulation   (1) is an offence of strict liability.

Note:   For strict liability , see section   6.1 of the Criminal Code .

  (3)   In this regulation:

"annual greenhouse gas accounting report" means a report that includes, for a year:

  (a)   the quantity of greenhouse gas substance injected into the storage formation during the year; and

  (b)   the cumulative quantity of greenhouse gas substance that has been stored as at the end of the year; and

  (c)   the quantity of greenhouse gas substance lost, and emissions of additional greenhouse gases generated, in the processes of compression, transportation and injection; and

  (d)   the quantity of greenhouse gas substance lost from the well bore; and

  (e)   the quantity of greenhouse gas substance lost from the storage formation; and

  (f)   an explanation of how losses of the greenhouse gas substance were estimated or measured; and

  (g)   an assessment of the accuracy of the measurement or estimation of the quantities of the greenhouse gas substance.

Note:   The responsible Commonwealth Minister or the Titles Administrator must make the information in the report publicly known within 30   days after the Titles Administrator receives the report--see regulation   10.10.