Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Schedule 2—Greenhouse gas storage

Schedule 2 Greenhouse gas storage

Part 1 Well investigation levy

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003

1  Section 9 (heading)

Repeal the heading, substitute:

9   Imposition of well investigation levy—Commonwealth titles

2  Subparagraphs 9(1)(a)(i) and (ii)

Omit “a petroleum title”, substitute “an eligible title”.

3  Paragraph 9(1)(b)

After “(2)”, insert “or 13B(1) or (2)”.

4  Subsection 9(1) (note)

After “Note”, insert “1”.

5  At the end of subsection 9(1)

Add:

Note 2:       Clause 13B of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 deals with the duties of greenhouse gas titleholders in relation to wells.

6  Subsection 9(5)

Insert:

eligible title means:

                     (a)  a petroleum title; or

                     (b)  a greenhouse gas title.

greenhouse gas title has the same meaning as in Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

7  Subsection 9(5) (definition of registered holder )

Omit “a petroleum title”, substitute “an eligible title”.

8  Subsection 9(5) (definition of title area )

Repeal the definition, substitute:

title area :

                     (a)  in relation to a petroleum title—has the same meaning as in clause 13A of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 ; or

                     (b)  in relation to a greenhouse gas title—has the same meaning as in clause 13B of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

9  Section 10 (heading)

Repeal the heading, substitute:

10   Imposition of well investigation levy—State/Territory titles

10  Subparagraph 10(1)(a)(i)

Omit “petroleum”.

11  Subparagraph 10(1)(a)(ii)

Omit “petroleum”, substitute “State/Territory”.

12  Paragraph 10(1)(b)

After “(2)”, insert “or 13B(1) or (2)”.

13  Subsection 10(1) (note)

After “Note”, insert “1”.

14  At the end of subsection 10(1)

Add:

Note 2:       Clause 13B of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 deals with the duties of greenhouse gas titleholders in relation to wells.

15  Subsection 10(5)

Insert:

Commonwealth greenhouse gas title means a greenhouse gas title within the meaning of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

16  Subsection 10(5) (definition of registered holder )

Omit “petroleum”.

17  Subsection 10(5)

Insert:

State/Territory greenhouse gas title means an instrument under a State PSLA or Territory PSLA that confers, in relation to the designated coastal waters of a State or Territory, some or all of the rights that a Commonwealth greenhouse gas title confers in relation to the offshore area of the State or Territory.

State/Territory title means:

                     (a)  a State/Territory petroleum title; or

                     (b)  a State/Territory greenhouse gas title.

18  Subsection 10(5) (definition of title area )

Repeal the definition, substitute:

title area :

                     (a)  in relation to a State/Territory petroleum title—has the same meaning as in the provisions of the relevant State PSLA or Territory PSLA that substantially correspond to clause 13A of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 ; or

                     (b)  in relation to a State/Territory greenhouse gas title—has the same meaning as in the provisions of the relevant State PSLA or Territory PSLA that substantially correspond to clause 13B of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

19  Application of amendments

The amendments of sections 9 and 10 of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part apply in relation to an investigation that starts to be conducted by a NOPSEMA inspector after the commencement of this item.

Part 2 Annual well levy

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003

20  Section 10A (heading)

Repeal the heading, substitute:

10A   Imposition of annual well levy—Commonwealth titles

21  Subsection 10A(1)

Omit “a petroleum title”, substitute “an eligible title”.

22  Subsection 10A(3)

Omit “petroleum title”, substitute “eligible title”.

23  Paragraph 10A(5)(a)

Omit “a petroleum title”, substitute “an eligible title”.

24  Subparagraph 10A(5)(b)(ii)

Omit “a petroleum title”, substitute “an eligible title”.

25  Paragraph 10A(6)(a)

Omit “a petroleum title”, substitute “an eligible title”.

26  Subparagraph 10A(6)(b)(ii)

Omit “a petroleum title”, substitute “an eligible title”.

27  Subsection 10A(8)

Insert:

eligible title means:

                     (a)  a petroleum title; or

                     (b)  a greenhouse gas title.

greenhouse gas title has the same meaning as in Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

28  Subsection 10A(8) (definition of registered holder )

Omit “a petroleum title”, substitute “an eligible title”.

29  Subsection 10A(8) (definition of title area )

Repeal the definition, substitute:

title area :

                     (a)  in relation to a petroleum title—has the same meaning as in clause 13A of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 ; or

                     (b)  in relation to a greenhouse gas title—has the same meaning as in clause 13B of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

30  Section 10B (heading)

Repeal the heading, substitute:

10B   Imposition of annual well levy—State/Territory titles

31  Paragraphs 10B(1)(a) and (b)

Omit “petroleum”.

32  Subsection 10B(3)

Omit “petroleum”.

33  Paragraph 10B(5)(a)

Omit “petroleum”.

34  Subparagraph 10B(5)(b)(ii)

Omit “petroleum”.

35  Paragraph 10B(6)(a)

Omit “petroleum”.

36  Subparagraph 10B(6)(b)(ii)

Omit “petroleum”.

37  Subsection 10B(8)

Insert:

Commonwealth greenhouse gas title means a greenhouse gas title within the meaning of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

38  Subsection 10B(8) (definition of registered holder )

Omit “petroleum”.

39  Subsection 10B(8)

Insert:

State/Territory greenhouse gas title means an instrument under a State PSLA or Territory PSLA that confers, in relation to the designated coastal waters of a State or Territory, some or all of the rights that a Commonwealth greenhouse gas title confers in relation to the offshore area of the State or Territory.

State/Territory title means:

                     (a)  a State/Territory petroleum title; or

                     (b)  a State/Territory greenhouse gas title.

40  Subsection 10B(8) (definition of title area )

Repeal the definition, substitute:

title area :

                     (a)  in relation to a State/Territory petroleum title—has the same meaning as in the provisions of the relevant State PSLA or Territory PSLA that substantially correspond to clause 13A of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 ; or

                     (b)  in relation to a State/Territory greenhouse gas title—has the same meaning as in the provisions of the relevant State PSLA or Territory PSLA that substantially correspond to clause 13B of Schedule 3 to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

41  Application of amendments

Commonwealth greenhouse gas titles

(1)       The amendments of section 10A of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a greenhouse gas title for a year, apply in relation to an eligible well in relation to a greenhouse gas title for a year that began at or after the commencement of this item.

(2)       For the purposes of the application of:

                     (a)  subitem (1); and

                     (b)  section 10A of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (as amended by this Part);

to a well that is or was drilled under the authority of a greenhouse gas title, if this item does not commence on a 1 January, the period:

                     (c)  beginning at the commencement of this item; and

                     (d)  ending at the end of 31 December next following that commencement;

is taken to be a year.

State/Territory greenhouse gas titles

(3)       The amendments of section 10B of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a State/Territory greenhouse gas title for a year, apply in relation to an eligible well in relation to a State/Territory greenhouse gas title for a year that began at or after the commencement of this item.

(4)       For the purposes of the application of:

                     (a)  subitem (3); and

                     (b)  section 10B of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (as amended by this Part);

to a well that is or was drilled under the authority of a State/Territory greenhouse gas title, if this item does not commence on a 1 January, the period:

                     (c)  beginning at the commencement of this item; and

                     (d)  ending at the end of 31 December next following that commencement;

is taken to be a year.

Commonwealth petroleum titles

(5)       The amendments of section 10A of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a petroleum title for a year, apply in relation to an eligible well in relation to a petroleum title for a year that began at or after the commencement of this item.

State/Territory petroleum titles

(6)       The amendments of section 10B of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a State/Territory petroleum title for a year, apply in relation to an eligible well in relation to a State/Territory petroleum title for a year that began at or after the commencement of this item.

Part 3 Well activity levy

Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003

42  Section 3

Insert:

greenhouse gas assessment permit has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006 .

43  Section 10C (heading)

Repeal the heading, substitute:

10C   Imposition of well activity levy—Commonwealth titles

44  Paragraph 10C(1)(b)

Omit “a petroleum title”, substitute “an eligible title”.

45  Subsection 10C(6)

Insert:

eligible title means:

                     (a)  a petroleum title; or

                     (b)  a greenhouse gas title.

greenhouse gas title means:

                     (a)  a greenhouse gas assessment permit; or

                     (b)  a greenhouse gas holding lease; or

                     (c)  a greenhouse gas injection licence.

46  Subsection 10C(6) (definition of registered holder )

Omit “a petroleum title”, substitute “an eligible title”.

47  Section 10D (heading)

Repeal the heading, substitute:

10D   Imposition of well activity levy—State/Territory titles

48  Paragraph 10D(1)(b)

Omit “petroleum”.

49  Subparagraph 10D(5)(c)(ii)

Omit “petroleum”.

50  Subsection 10D(6)

Insert:

Commonwealth greenhouse gas title means:

                     (a)  a greenhouse gas assessment permit; or

                     (b)  a greenhouse gas holding lease; or

                     (c)  a greenhouse gas injection licence.

51  Subsection 10D(6) (definition of registered holder )

Omit “petroleum”.

52  Subsection 10D(6)

Insert:

State/Territory greenhouse gas title means an instrument under a State PSLA or Territory PSLA that confers, in relation to the designated coastal waters of a State or Territory, some or all of the rights that a Commonwealth greenhouse gas title confers in relation to the offshore area of the State or Territory.

State/Territory title means:

                     (a)  a State/Territory petroleum title; or

                     (b)  a State/Territory greenhouse gas title.

53  Subsection 10F(7) (definition of greenhouse gas assessment permit )

Repeal the definition.

54  Application of amendments

(1)       The amendments of sections 10C and 10D of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they relate to an application made to NOPSEMA, apply in relation to an application made to NOPSEMA after the commencement of this item.

(2)       The amendments of sections 10C and 10D of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they relate to a submission to NOPSEMA of a proposed revision of a well operations management plan, apply in relation to a submission made to NOPSEMA after the commencement of this item.