Commonwealth Numbered Regulations - Explanatory Statements

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OFFSHORE MINERALS (FEES) REGULATIONS 1994 NO. 47

STATUTORY RULES 1994 No. 47

Issued by the Authority of the Minister for Resources

OFFSHORE MINERALS ACT 1994

OFFSHORE MINERALS (FEES) REGULATIONS

Section 440 of the Offshore Minerals Act 1994 (the Act) provides the Governor-General with the general power to make regulations prescribing all matters which are either required, permitted, necessary or convenient for the purposes of the Act.

A number of provisions of the Act impose fees and provide that the amounts of the fees are to be prescribed by regulations:

The purpose of the fees is to cover the costs of administering the Offshore Minerals legislation. In accordance with the Offshore Constitutional Settlement agreed to by the Commonwealth and the States at the Premiers' Conference in June 1979 the money collected from the fees will be paid by the Commonwealth to the States and the Northern Territory to recompense them for administering the legislation on behalf of the Commonwealth.

Details of the proposed Regulations which prescribe the amount of fees are at Attachment A.

ATTACHMENT A

DETAILS OF THE OFFSHORE MINERALS (FEES) REGULATIONS

Details of the proposed Regulations are as follows:

Regulation 1 provides a reference name for the Regulations.

Regulation 2 defines the terms used in the Regulations.

Regulation 3 prescribes the fees for the following provisions of the Offshore Minerals Act 1994:

subsection 56(1)		- application fee for exploration licence over a vacant area		$3,000
subsection 78(1)		- application fee for exploration licence over an area advertised for tender		$3,000
subsection 106(1)		- application fee for exploration licence renewal		$600
subsection 139(1)		- application fee for retention licence		$3,000
subsection 163(1)		- application fee for retention licence renewal		$600
subsection 201 (1)		- application fee for production licence over a vacant area		$3,00.0
subsection 222(1)		- application fee for production licence over an area advertised for tender		$3,000
subsection 240(1)		- application fee for production licence renewal		$600
subsection 272(1)		- application fee for works licence		$3,000
subsection 292(1)		- application fee for works licence renewal		$600
subsection 319(1)		- application fee for special purpose consent		$300
subsection 332(1)		- register inspection fee		$20
paragraph 338(1)(f)		- fee for registration of transfer of licence		$50
paragraph 339(1)(d)		- fee for registration of dealing in licence		$50
paragraph 340(1)(d)		- fee for registration of devolution of licence		$50
section 344		- application fee for caveat		$600
subsection 357(4)		- fee for copy of extract from register		5/page
subsection 358(1)		- fee for copy of document		$5/page
subsection 359(1)		- certification fee		$50
section 363(6)		- application fee for approval of transfer of licence		$600