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Wednesday, 18 June 2008
Page: 5136

Mr MARTIN FERGUSON (Minister for Resources and Energy and Minister for Tourism) (9:46 AM) —I move:

That this bill be now read a second time.

The Offshore Petroleum (Safety Levies) Act 2003 imposes a safety investigation levy, safety case levy and pipeline safety management plan levy in respect of petroleum facilities and petroleum pipelines in Commonwealth waters and in state and Northern Territory designated coastal waters (that is, in the waters covered by the Commonwealth, state and Northern Territory Offshore Petroleum Acts).

This bill amends the Offshore Petroleum (Safety Levies) Act 2003 by extending the imposition of those levies to greenhouse gas facilities and greenhouse gas pipelines.  In the absence of applicable state or Northern Territory legislation, the levies will extend only to greenhouse gas facilities and pipelines in Commonwealth waters.

I commend this bill to the House.

Debate (on motion by Mr Randall) adjourned.