Petroleum (Submerged Lands) Fees Amendment Regulations 2004 (No. 1)1

Statutory Rules 2004 No. 3272

I, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Petroleum (Submerged Lands) Fees Act 1994.

Dated 18 November 2004

P. M. JEFFERY

Governor-General

By His Excellency’s Command

IAN MACFARLANE

Minister for Industry, Tourism and Resources

1 Name of Regulations

  These Regulations are the Petroleum (Submerged Lands) Fees Amendment Regulations 2004 (No. 1).

2 Commencement

  These Regulations commence on 1 January 2005.

3 Amendment of Petroleum (Submerged Lands) Fees Regulations 1994

  Schedule 1 amends the Petroleum (Submerged Lands) Fees Regulations 1994.

Schedule 1 Amendments

(regulation 3)

 

[1] Regulation 3

omit

In

insert

 (1) In

[2] Regulation 3, after definition of Act

insert

GST has the meaning given by section 195-1 of the A New Tax System (Goods and Services Tax) Act 1999.

[3] Regulation 3

insert

 (2) The amount of a fee specified in, or calculated in accordance with, these Regulations includes GST.

[4] Further amendments — fees

 

Provision

omit

insert

Paragraph 4 (a)

$1 500;

$1 100;

Paragraph 4 (b)

$72

$55

Regulation 5

$8 600

$6 600

Regulation 6

$25 800

$19 800

Regulation 6A

$18 000.

$13 200.

Regulation 7

$115

$88

Notes

1. These Regulations amend Statutory Rules 1994 No. 237, as amended by 2001 No. 207; 2003 No. 24.

2. Notified in the Commonwealth of Australia Gazette on 25 November 2004.