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Bills of the current Parliament

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Offshore Petroleum and Greenhouse Gas Storage Amendment (Cash Bidding) Bill 2013


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Industry

Summary

Introduced with the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment Bill 2013, the bill amends the Offshore Petroleum and Greenhouse Gas Storage Act 2006 to apply a cash bidding title allocation method for exploration permits in the offshore petroleum regulatory regime by: requiring a 10 per cent forfeitable deposit which is payable upon placement of a cash bid; enabling a reserve price to be set; requiring pre-qualification assessment of the eligibility of bidders; and specifying a non-discretionary tie-breaker mechanism.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 20/11/13  
Second reading moved 20/11/13  
Second reading debate 04/12/13  
Referred to Federation Chamber 04/12/13  
Second reading debate 04/12/13  
Second reading agreed to 04/12/13  
Reported from Federation Chamber 04/12/13  
Third reading agreed to 04/12/13  
     
Senate
Introduced and read a first time 05/12/13  
Second reading moved 05/12/13  
Second reading debate 12/12/13  
Second reading agreed to 12/12/13  
Third reading agreed to 12/12/13  
     
Text of bill as passed both Houses 12/12/13  
Assent 13/12/13 Act no.: 141 - Year: 2013
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes