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Schedule 4—Abandoned wells

Schedule 4 Abandoned wells

   

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

1  Before subsection 10A(7)

Insert:

          (6A)  For the purposes of this section, disregard the abandonment of a well unless the process of abandoning the well was the subject of a notification under paragraph 5.17(c) of the Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2011 .

2  Subsection 10A(7)

After “if”, insert “a well commences to be abandoned, and”.

3  Subsection 10A(7)

Before “requires”, insert “(as in force at the time when the abandonment commenced)”.

4  Subsection 10A(7)

Omit “a well”, substitute “the well”.

5  Subsection 10B(7)

Omit “Part 5 of the Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2011 ”, substitute “Part 5 of the old Resource Management and Administration Regulations”.

6  Subsection 10B(8)

Insert:

old Resource Management and Administration Regulations means the Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2011 , as in force before the commencement of the Offshore Petroleum and Greenhouse Gas Storage Legislation Amendment (Well Operations) Regulation 2015 .

7  Application of amendment

Subsection 10A(6A) of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (as amended by this Schedule) applies in relation to the abandonment of a well if the abandonment commenced at or after the commencement of this item.