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Wednesday, 18 June 2008
Page: 5135

Mr MARTIN FERGUSON (Minister for Resources and Energy and Minister for Tourism) (9:43 AM) —I move:

That this bill be now read a second time.

The Offshore Petroleum (Annual Fees) Act 2006 requires the registered holder of petroleum titles held under the Offshore Petroleum Act 2006 to pay an annual fee for each year of the term of the title.

This bill amends the Offshore Petroleum (Annual Fees) Act 2006 by adding greenhouse gas titles to the titles in respect of which annual fees are payable.

I commend this bill to the House.

Debate (on motion by Mr Randall) adjourned.