Statutory Rules 1994   No. 481

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Offshore Minerals (Registration Fees) Regulations

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Offshore Minerals (Registration Fees) Act 1981.

Dated 4 March 1994.

                                                                                    BILL HAYDEN

                                                                                   Governor-General

By His Excellency’s Command,

D. BEDDALL

Minister for Resources

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Citation

               1.   These Regulations may be cited as the Offshore Minerals (Registration Fees) Regulations.

[NOTE:  These Regulations commence on gazettal: see Acts Interpretation Act 1901, s. 48]

Interpretation

               2.   In these Regulations, unless the contrary intention appears:

“the Act” means the Offshore Minerals (Registration Fees) Act 1981.

Registration fee—prescribed percentage: subsection 4 (1) of the Act

               3.   For the purposes of subsection 4 (1) of the Act, the prescribed percentage of:

             (a)   the value of the consideration for a document; or

             (b)   the value of a licence, share or interest;

as the case requires, is 1.5%.

Amounts of other registration fees

               4.   For the purposes of a provision of the Act specified in column 2 of an item in the Schedule, the amount specified in column 3 of the item is prescribed.

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SCHEDULE                      Regulation 4

REGISTRATION FEES

NOTE

1.      Notified in the Commonwealth of Australia Gazette on 11 March 1994.