Northern Territory Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

ENERGY PIPELINES REGULATIONS 2001 - REG 7

Licence fees

    (1)     The licence fee payable under section 30(1) of the Act is the greater of the following:

        (a)     an amount equal to 467 revenue units;

        (b)     an amount calculated in accordance with the formula:

A     =     B x C x D,

where:

A     is the fee payable in dollars; and

B     is the prescribed unit amount; and

C     is the average internal diameter of the pipeline expressed in metres; and

D     is the length of the pipeline expressed in metres.

    (1A)     For subregulation (1)(b), the prescribed unit amount is $0.90.

    (2)     However, if the licence fee is payable in respect of a period any part of which is after 30 June 2000, the prescribed unit amount is increased by 10%, on and from 1 July 2000, in respect of the licence fee payable for the part after 30 June 2000.

    (3)     The additional amount payable as a result of the increase in the unit amount is the GST component.

    (4)     Although a licence fee in respect of a period after 30 June 2000 may have been paid, the additional amount of the GST component may be separately charged and is payable by the licensee within one month after the date the charge is made.

    (5)     In this regulation, GST has the same meaning as in the A New Tax System (Goods and Services Tax) Act 1999 of the Commonwealth.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback