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Offshore Petroleum (Royalty) Act 2006
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Department of Industry, Science and Resources
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C2016C00402 C06
05 March 2016
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1 Short title
2 Commencement
3 Application of Chapter 1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006
4 Definitions
5 Imposition of royalty
6 Rate of royalty—petroleum production licences
7 Rate of royalty—petroleum exploration permit
8 Rate of royalty—petroleum retention lease
9 Reduction of royalty—potentially uneconomic wells
10 Exemptions from royalty
11 Meaning of wellhead
12 Meaning of value
13 Quantity of petroleum recovered
14 Directions by Joint Authority
15 Provisional payment of royalty
16 Adjustment of payments of royalty
16A Delegation by State Minister
17 Transitional provisions
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Schedule 1—Transitional provisions
1 Definition
2 Pre-commencement royalty periods
3 Transitional—eligible instruments
4 Transitional—royalty at the prescribed rate
5 Transitional—rate of royalty
6 Re-enactment of the Petroleum (Submerged Lands) (Royalty) Act 1967
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Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
