Commonwealth Numbered Regulations

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OFFSHORE PETROLEUM (SAFETY LEVIES) REGULATIONS 2004 2004 No. 315 - REG 11

When safety investigation levy is due and payable (PSL Act)
(1)
For subsection 150YR (1) of the PSL Act, this regulation sets out when safety investigation levy is due and payable.

(2)
If an inspection continues for 3 months or less, safety investigation levy is payable when the inspection is taken to be complete for subregulation 9 (3).

(3)
If an inspection continues for more than 3 months, safety investigation levy is payable in instalments:

(a)
at the end of each period of 3 months, starting when the inspection starts, during which the inspection continues; and

(b)
when the inspection is taken to be complete for subregulation 9 (3).

(4)
The Safety Authority must notify the operator:

(a)
within 14 days after the inspection is taken to be complete for subregulation 9 (3); and

(b)
if the inspection continues for more than 3 months — within 14 days after the end of each 3 month period;

of the amount of levy, or the amount of an instalment of levy, that is payable.

Note
The amount of safety investigation levy takes into account the post-threshold incremental cost of an inspection.

(5)
However, if the Safety Authority fails to notify the operator in accordance with subregulation (4), the validity of any subsequent notification is not affected by the failure.

(6)
For subsection 150YR (1) of the PSL Act, safety investigation levy is due 30 days after the Safety Authority notifies the operator under subregulation (4).



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