Part 1—Repeal of the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006

Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006

1  The whole of the Act

Repeal the Act.

Part 2—Consequential amendments

Offshore Petroleum and Greenhouse Gas Storage Act 2006

2  Section 7 (definition of Annual Fees Act)

Repeal the definition.

3  Paragraph 270(3)(a)

Omit “Acts”.

4  Subparagraph 270(3)(a)(iii)

Repeal the subparagraph, substitute:

                            (iii)  section 10E of the Regulatory Levies Act;

5  Subparagraph 274(d)(iii)

Repeal the subparagraph, substitute:

                            (iii)  section 10E of the Regulatory Levies Act;

6  Subparagraph 277(3)(a)(iii)

Repeal the subparagraph, substitute:

                            (iii)  section 10E of the Regulatory Levies Act;

7  Subparagraph 277(4)(a)(iii)

Repeal the subparagraph, substitute:

                            (iii)  section 10E of the Regulatory Levies Act;

8  Paragraph 442(3)(a)

Omit “Acts”.

9  Subparagraph 442(3)(a)(ii)

Repeal the subparagraph, substitute:

                             (ii)  section 10E of the Regulatory Levies Act;

10  Subparagraph 446(d)(ii)

Repeal the subparagraph, substitute:

                             (ii)  section 10E of the Regulatory Levies Act;

11  Subparagraph 449(3)(a)(ii)

Repeal the subparagraph, substitute:

                             (ii)  section 10E of the Regulatory Levies Act;

12  Subparagraph 449(4)(a)(ii)

Repeal the subparagraph, substitute:

                             (ii)  section 10E of the Regulatory Levies Act;

13  Paragraph 589(2)(e)

Repeal the paragraph, substitute:

                     (e)  any amounts payable by that person under section 10E of the Regulatory Levies Act, so long as the amount concerned is due and payable.

14  Paragraph 597(2)(d)

Repeal the paragraph, substitute:

                     (d)  any amounts payable by that person under section 10E of the Regulatory Levies Act, so long as the amount concerned is due and payable.

15  Division 1 of Part 6.7

Repeal the Division.

Part 3—Application and transitional provisions

16  Application of repeal

The repeal of the Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006 by this Schedule applies:

                     (a)  to the extent to which that Act relates to a year of the term of:

                              (i)  a work‑bid petroleum exploration permit; or

                             (ii)  a special petroleum exploration permit; or

                            (iii)  a petroleum retention lease; or

                            (iv)  a petroleum production licence; or

                             (v)  an infrastructure licence; or

                            (vi)  a pipeline licence;

                            to such a year that begins at or after the commencement of this item; and

                     (b)  to the extent to which that Act relates to a year of the term of:

                              (i)  a work‑bid greenhouse gas assessment permit; or

                             (ii)  a greenhouse gas holding lease; or

                            (iii)  a greenhouse gas injection licence;

                            to such a year that begins at or after the commencement of this item.

17  Transitional

Despite the amendments of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 made by this Schedule, that Act continues to apply, after the commencement of this item, in relation to:

                     (a)  a fee payable under the repealed Offshore Petroleum and Greenhouse Gas Storage (Annual Fees) Act 2006; and

                     (b)  late payment penalty payable in relation to such a fee;

as if those amendments had not been made.