{"id":"C2006A00016","name":"Offshore Petroleum and Greenhouse Gas Storage (Registration Fees) Act 2006","slug":"offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"16 of 2006","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":53163,"registerId":"commonwealth-C2006A00016-current","compilationNumber":null,"startDate":"2026-04-02","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Part 1","sectionType":"part","heading":"Introduction","content":"## Part 1—Introduction","sortOrder":0},{"sectionNumber":"1","sectionType":"section","heading":"Short title [see Note 1]","content":"#### 1 Short title \\[see Note 1\\]\n\n  This Act may be cited as the Offshore Petroleum and Greenhouse Gas Storage (Registration Fees) Act 2006.","sortOrder":1},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"#### 2 Commencement\n\n  (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n```html\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"border-collapse:collapse\"><thead><tr><td colspan=\"3\" style=\"width:344.85pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Commencement information</span></p></td></tr><tr><td style=\"width:74.35pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Column 1</span></p></td><td style=\"width:180.7pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Column 2</span></p></td><td style=\"width:68.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Column 3</span></p></td></tr><tr><td style=\"width:74.35pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Provision(s)</span></p></td><td style=\"width:180.7pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Commencement</span></p></td><td style=\"width:68.4pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Date/Details</span></p></td></tr></thead><tbody><tr><td style=\"width:74.35pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">Sections</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">1 and 2 and anything in this Act not elsewhere covered by this table</span></p></td><td style=\"width:180.7pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">The day on which this Act receives the Royal Assent.</span></p></td><td style=\"width:68.4pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">29</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">March 2006</span></p></td></tr><tr><td style=\"width:74.35pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">2.</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">Sections</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">3 to 8</span></p></td><td style=\"width:180.7pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">At the same time as Chapter</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">2 of the </span><span style=\"font-size:10pt; font-style:italic\">Offshore Petroleum Act 2006</span><span style=\"font-size:10pt\"> commences.</span></p></td><td style=\"width:68.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">July 2008</span></p></td></tr><tr><td style=\"width:74.35pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">3.</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">Schedule</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">1</span></p></td><td style=\"width:180.7pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">At the same time as the provision(s) covered by table item</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">2.</span></p></td><td style=\"width:68.4pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">July 2008</span></p></td></tr></tbody></table>\n```\n\n> Note: This table relates only to the provisions of this Act as originally passed by the Parliament and assented to. It will not be expanded to deal with provisions inserted in this Act after assent.\n\n  (2) Column 3 of the table contains additional information that is not part of this Act. Information in this column may be added to or edited in any published version of this Act.","sortOrder":2},{"sectionNumber":"3","sectionType":"section","heading":"Application of Chapter 1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006","content":"#### 3 Application of Chapter 1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006\n\n  Chapter 1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 applies to this Act in a corresponding way to the way in which it applies to the Offshore Petroleum and Greenhouse Gas Storage Act 2006.\n\n> Note: This means, for example, that the definitions in section 7 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 apply to this Act.","sortOrder":3},{"sectionNumber":"4","sectionType":"section","heading":"Application of Part 4.1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006","content":"#### 4 Application of Part 4.1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006\n\n  Part 4.1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 applies to Part 2 of this Act in a corresponding way to the way in which it applies to Chapter 4 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.\n\n> Note: This means, for example, that the definitions of Register and title in section 467 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 apply to Part 2 of this Act.","sortOrder":4},{"sectionNumber":"4A","sectionType":"section","heading":"Application of Part 5.1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006","content":"#### 4A Application of Part 5.1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006\n\n  Part 5.1 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 applies to Part 3 of this Act in a corresponding way to the way in which it applies to Chapter 5 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.\n\n> Note: This means, for example, that the definitions of Register and title in section 519 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 apply to Part 3 of this Act.","sortOrder":5},{"sectionNumber":"Part 2","sectionType":"part","heading":"Petroleum titles","content":"## Part 2—Petroleum titles","sortOrder":6},{"sectionNumber":"5","sectionType":"section","heading":"Imposition of fee—transfer of a petroleum title","content":"#### 5 Imposition of fee—transfer of a petroleum title\n\n  Imposition of fee\n  (1) A fee is imposed on the entry in the Register of a memorandum of the transfer of a title, where the entry is made under section 479 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 after the commencement of this section.\n  Amount of fee\n  (2) The amount of the fee is worked out using the table:\n\n```html\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"margin-left:0.25pt; border-collapse:collapse\"><thead><tr><td colspan=\"3\" style=\"width:343.5pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Amount of fee</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Item</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">In this case...</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">the amount of the fee is...</span></p></td></tr></thead><tbody><tr><td style=\"width:24.9pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1</span></p></td><td style=\"width:173.25pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) none of items</span><span> </span><span>2, 3 and 4 apply</span></p></td><td style=\"width:123.75pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount calculated at the rate of 1.5% of whichever is the greater of the following:</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) the value of the consideration for the transfer;</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) the value of the title transferred</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">2</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) assuming that item</span><span> </span><span>1 had applied, the amount worked out under that item would have been less than the amount prescribed by the regulations</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">3</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) assuming that item</span><span> </span><span>1 had applied, the amount of the fee would have been more than the amount prescribed by the regulations; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the transfer was executed for the purpose of giving effect to a dealing; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) a fee was imposed by section</span><span> </span><span>6 on the entry in the Register of an approval of the dealing; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(e) the fee mentioned in paragraph</span><span> </span><span>(d) has been paid; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(f) the transfer was agreed to under the dealing</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">4</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) assuming that item</span><span> </span><span>1 had applied, the amount of the fee would have been more than the amount prescribed by the regulations; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the parties to the transfer satisfy the Titles Administrator that:</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(i) the parties are related bodies corporate within the meaning of the </span><span style=\"font-size:10pt; font-style:italic\">Corporations Act 2001</span><span style=\"font-size:10pt\">; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(ii) the transfer was executed solely for the purpose of a reorganisation of the corporations concerned or any of them or solely for the purpose of securing the better administration of the corporations concerned or any of them; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(iii) the transfer was not executed substantially for the purpose of avoiding or reducing the fees that would, apart from this item, be payable under this section on the entry in the Register of a memorandum of the transfer</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr></tbody></table>\n```\n\n  (3) Different amounts may be prescribed for different items of the table.\n  Tax\n  (4) The fee imposed by this section is imposed as a tax.\n\n> Note: For collection of fees, see Part 6.7 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.","sortOrder":7},{"sectionNumber":"6","sectionType":"section","heading":"Imposition of fee—approval of dealing relating to a petroleum title","content":"#### 6 Imposition of fee—approval of dealing relating to a petroleum title\n\n  Imposition of fee\n  (1) A fee is imposed on the entry in the Register of the approval of a dealing, where the entry is made under section 494 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 after the commencement of this section.\n  Amount of fee\n  (2) The amount of the fee is worked out using the table:\n\n```html\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"margin-left:0.25pt; border-collapse:collapse\"><thead><tr><td colspan=\"3\" style=\"width:343.5pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Amount of fee</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Item</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">In this case...</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">the amount of the fee is...</span></p></td></tr></thead><tbody><tr><td style=\"width:24.9pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1</span></p></td><td style=\"width:189.75pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to only one title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to that title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) none of items</span><span> </span><span>2, 5 and 6 apply</span></p></td><td style=\"width:107.25pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the value of the consideration for the dealing</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">2</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to only one title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to that title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the entry of the approval relates to an interest in a petroleum production licence, infrastructure licence or pipeline licence; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) the value of the interest is greater than the value of the consideration for the dealing; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(e) the dealing has an effect of the kind referred to in item</span><span> </span><span>1, 2, 4 or 5 of the table in section</span><span> </span><span>486 of the </span><span style=\"font-style:italic\">Offshore Petroleum and Greenhouse Gas Storage Act 2006</span><span>; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(f) the Titles Administrator is satisfied that the dealing was not made under another dealing that relates to that title, where a fee has been paid under this section in relation to an entry of the approval of the other dealing</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the value of the interest</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">3</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to 2 or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) none of items</span><span> </span><span>4, 5 and 6 apply</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the amount worked out by dividing the value of the consideration for the dealing by the number of titles in relation to which the dealing is approved by the Titles Administrator</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">4</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to 2 or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the entry of the approval relates to an interest in a petroleum production licence, infrastructure licence or pipeline licence; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) the value of the interest is greater than the amount worked out by dividing the value of the consideration for the dealing by the number of titles in relation to which the dealing is approved by the Titles Administrator; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(e) the dealing has an effect of the kind referred to in item</span><span> </span><span>1, 2, 4 or 5 of the table in section</span><span> </span><span>486 of the </span><span style=\"font-style:italic\">Offshore Petroleum and Greenhouse Gas Storage Act 2006</span><span>; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(f) the Titles Administrator is satisfied that the dealing was not made under another dealing that relates to any of those titles, where a fee has been paid under this section in relation to an entry of the approval of the other dealing</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the value of the interest</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">5</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to one or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) either:</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(i) apart from this item, the amount of the fee imposed by this section on the entry would have been less than the amount prescribed by the regulations; or</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(ii) Part</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">4.6 of the </span><span style=\"font-size:10pt; font-style:italic\">Offshore Petroleum and Greenhouse Gas Storage Act 2006</span><span style=\"font-size:10pt\"> applies to the dealing only because the dealing creates, varies or terminates a charge over some or all of the assets of a body corporate</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">6</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to one or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) apart from this item, the amount of the fee imposed by this section on the entry would have been more than the amount prescribed by the regulations; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) the parties to the dealing satisfy the Titles Administrator that:</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(i) the parties are related bodies corporate within the meaning of the </span><span style=\"font-size:10pt; font-style:italic\">Corporations Act 2001</span><span style=\"font-size:10pt\">; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(ii) the dealing was entered into solely for the purpose of a reorganisation of the corporations concerned or any of them or solely for the purpose of securing the better administration of the corporations concerned or any of them; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(iii) the dealing was not entered into substantially for the purpose of avoiding or reducing the fees that would, apart from this item, be payable under this section on the entry of approval of the dealing</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr></tbody></table>\n```\n\n  (3) Different amounts may be prescribed for different items of the table.\n  Deduction from the value of the consideration for a dealing\n  (4) For the purposes of subsection (2), deduct from the value of the consideration for a dealing the value, as determined by the Titles Administrator, of any exploration works that were, as at the date of the instrument evidencing the dealing:\n    (a) to be carried out under the dealing; and\n    (b) required or permitted to be carried out by or under the relevant title.\n  Deduction from the value of the interest in a petroleum production licence\n  (5) For the purposes of subsection (2), deduct from the value of the interest in a petroleum production licence the value, as determined by the Titles Administrator, of any exploration works that were, as at the date of the instrument evidencing the dealing:\n    (a) to be carried out under the dealing; and\n    (b) permitted to be carried out by or under the licence.\n  Tax\n  (6) The fee imposed by this section is imposed as a tax.\n\n> Note: For collection of fees, see Part 6.7 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.","sortOrder":8},{"sectionNumber":"Part 3","sectionType":"part","heading":"Greenhouse gas titles","content":"## Part 3—Greenhouse gas titles","sortOrder":9},{"sectionNumber":"6A","sectionType":"section","heading":"Imposition of fee—transfer of a greenhouse gas title","content":"#### 6A Imposition of fee—transfer of a greenhouse gas title\n\n  Imposition of fee\n  (1) A fee is imposed on the entry in the Register of a memorandum of the transfer of a title, where the entry is made under section 530 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 after the commencement of this section.\n  Amount of fee\n  (2) The amount of the fee is worked out using the table:\n\n```html\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"margin-left:0.25pt; border-collapse:collapse\"><thead><tr><td colspan=\"3\" style=\"width:343.5pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Amount of fee</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Item</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">In this case ...</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">the amount of the fee is ...</span></p></td></tr></thead><tbody><tr><td style=\"width:24.9pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1</span></p></td><td style=\"width:173.25pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) none of items</span><span> </span><span>2, 3 and 4 apply</span></p></td><td style=\"width:123.75pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount calculated at the rate of 1.5% of whichever is the greater of the following:</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) the value of the consideration for the transfer;</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) the value of the title transferred</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">2</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) assuming that item</span><span> </span><span>1 had applied, the amount worked out under that item would have been less than the amount prescribed by the regulations</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">3</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) assuming that item</span><span> </span><span>1 had applied, the amount of the fee would have been more than the amount prescribed by the regulations; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the transfer was executed for the purpose of giving effect to a dealing; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) a fee was imposed by section</span><span> </span><span>6B on the entry in the Register of an approval of the dealing; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(e) the fee mentioned in paragraph</span><span> </span><span>(d) has been paid; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(f) the transfer was agreed to under the dealing</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">4</span></p></td><td style=\"width:173.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) an entry is made in the Register of a memorandum of the transfer of a title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) assuming that item</span><span> </span><span>1 had applied, the amount of the fee would have been more than the amount prescribed by the regulations; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the parties to the transfer satisfy the responsible Commonwealth Minister that:</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(i) the parties are related bodies corporate within the meaning of the </span><span style=\"font-size:10pt; font-style:italic\">Corporations Act 2001</span><span style=\"font-size:10pt\">; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(ii) the transfer was executed solely for the purpose of a reorganisation of the corporations concerned or any of them or solely for the purpose of securing the better administration of the corporations concerned or any of them; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(iii) the transfer was not executed substantially for the purpose of avoiding or reducing the fees that would, apart from this item, be payable under this section on the entry in the Register of a memorandum of the transfer</span></p></td><td style=\"width:123.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr></tbody></table>\n```\n\n  (3) Different amounts may be prescribed for different items of the table.\n  Tax\n  (4) The fee imposed by this section is imposed as a tax.\n\n> Note: For collection of fees, see Part 6.7 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.","sortOrder":10},{"sectionNumber":"6B","sectionType":"section","heading":"Imposition of fee—approval of dealing relating to a greenhouse gas title","content":"#### 6B Imposition of fee—approval of dealing relating to a greenhouse gas title\n\n  Imposition of fee\n  (1) A fee is imposed on the entry in the Register of the approval of a dealing, where the entry is made under section 544 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 after the commencement of this section.\n  Amount of fee\n  (2) The amount of the fee is worked out using the table:\n\n```html\n<table cellspacing=\"0\" cellpadding=\"0\" style=\"margin-left:0.25pt; border-collapse:collapse\"><thead><tr><td colspan=\"3\" style=\"width:343.5pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Amount of fee</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">Item</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">In this case ...</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\" style=\"page-break-after:avoid\"><span style=\"font-size:10pt; font-weight:bold\">the amount of the fee is ...</span></p></td></tr></thead><tbody><tr><td style=\"width:24.9pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1</span></p></td><td style=\"width:189.75pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to only one title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to that title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) none of items</span><span> </span><span>2, 5 and 6 apply</span></p></td><td style=\"width:107.25pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the value of the consideration for the dealing</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">2</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to only one title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to that title; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the entry of the approval relates to an interest in a greenhouse gas injection licence; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) the value of the interest is greater than the value of the consideration for the dealing; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(e) the dealing has an effect of the kind referred to in item</span><span> </span><span>1, 2 or 4 of the table in section</span><span> </span><span>537 of the </span><span style=\"font-style:italic\">Offshore Petroleum and Greenhouse Gas Storage Act 2006</span><span>; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(f) the responsible Commonwealth Minister is satisfied that the dealing was not made under another dealing that relates to that title, where a fee has been paid under this section in relation to an entry of the approval of the other dealing</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the value of the interest</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">3</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to 2 or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) none of items</span><span> </span><span>4, 5 and 6 apply</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the amount worked out by dividing the value of the consideration for the dealing by the number of titles in relation to which the dealing is approved by the responsible Commonwealth Minister</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">4</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to 2 or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) the entry of the approval relates to an interest in a greenhouse gas injection licence; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) the value of the interest is greater than the amount worked out by dividing the value of the consideration for the dealing by the number of titles in relation to which the dealing is approved by the responsible Commonwealth Minister; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(e) the dealing has an effect of the kind referred to in item</span><span> </span><span>1, 2 or 4 of the table in section</span><span> </span><span>537 of the </span><span style=\"font-style:italic\">Offshore Petroleum and Greenhouse Gas Storage Act 2006</span><span>; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(f) the responsible Commonwealth Minister is satisfied that the dealing was not made under another dealing that relates to any of those titles, where a fee has been paid under this section in relation to an entry of the approval of the other dealing</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">1.5% of the value of the interest</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">5</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to one or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) either:</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(i) apart from this item, the amount of the fee imposed by this section on the entry would have been less than the amount prescribed by the regulations; or</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(ii) Part</span><span style=\"font-size:10pt\"> </span><span style=\"font-size:10pt\">5.6 of the </span><span style=\"font-size:10pt; font-style:italic\">Offshore Petroleum and Greenhouse Gas Storage Act 2006</span><span style=\"font-size:10pt\"> applies to the dealing only because the dealing creates, varies or terminates a charge over some or all of the assets of a body corporate</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr><tr><td style=\"width:24.9pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">6</span></p></td><td style=\"width:189.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(a) a dealing relates to one or more titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(b) an entry is made in the Register of the approval of the dealing in so far as it relates to any one of those titles; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(c) apart from this item, the amount of the fee imposed by this section on the entry would have been more than the amount prescribed by the regulations; and</span></p><p class=\"Tablea\" style=\"line-height:normal; font-size:10pt\"><span>(d) the parties to the dealing satisfy the responsible Commonwealth Minister that:</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(i) the parties are related bodies corporate within the meaning of the </span><span style=\"font-size:10pt; font-style:italic\">Corporations Act 2001</span><span style=\"font-size:10pt\">; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(ii) the dealing was entered into solely for the purpose of a reorganisation of the corporations concerned or any of them or solely for the purpose of securing the better administration of the corporations concerned or any of them; and</span></p><p class=\"Tablei\"><span style=\"font-size:10pt\">(iii) the dealing was not entered into substantially for the purpose of avoiding or reducing the fees that would, apart from this item, be payable under this section on the entry of approval of the dealing</span></p></td><td style=\"width:107.25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top\"><p class=\"Tabletext\"><span style=\"font-size:10pt\">the amount prescribed by the regulations</span></p></td></tr></tbody></table>\n```\n\n  (3) Different amounts may be prescribed for different items of the table.\n  Deduction from the value of the consideration for a dealing\n  (4) For the purposes of subsection (2), deduct from the value of the consideration for a dealing the value, as determined by the responsible Commonwealth Minister, of any exploration works that were, as at the date of the instrument evidencing the dealing:\n    (a) to be carried out under the dealing; and\n    (b) required or permitted to be carried out by or under the relevant title.\n  Deduction from the value of the interest in a greenhouse gas injection licence\n  (5) For the purposes of subsection (2), deduct from the value of the interest in a greenhouse gas injection licence the value, as determined by the responsible Commonwealth Minister, of any exploration works that were, as at the date of the instrument evidencing the dealing:\n    (a) to be carried out under the dealing; and\n    (b) permitted to be carried out by or under the licence.\n  Tax\n  (6) The fee imposed by this section is imposed as a tax.\n\n> Note: For collection of fees, see Part 6.7 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.","sortOrder":11},{"sectionNumber":"Part 4","sectionType":"part","heading":"Miscellaneous","content":"## Part 4—Miscellaneous","sortOrder":12},{"sectionNumber":"7","sectionType":"section","heading":"Regulations","content":"#### 7 Regulations\n\n  The Governor‑General may make regulations for the purposes of this Act.","sortOrder":13},{"sectionNumber":"8","sectionType":"section","heading":"Transitional provisions","content":"#### 8 Transitional provisions\n\n  Schedule 1 has effect.","sortOrder":14}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":2088},"content_quality":"ok","complexity_score":6,"scope_assessment":{"changed":true,"description":"The Act expands the scope of the repealed Petroleum (Submerged Lands) (Registration Fees) Act 1967 by adding Part 3 to cover greenhouse gas storage titles (carbon capture and storage), in addition to the petroleum titles covered in Part 2. This reflects the broader policy shift to regulate greenhouse gas storage in offshore areas alongside traditional petroleum activities."},"complexity_factors":["Four distinct conditional fee tables (sections 5, 6, 6A, 6B) containing nested logical tests with up to 6 items each, including hypothetical calculations ('assuming that item 1 had applied')","Extensive cross-referencing to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (sections 479, 494, 530, 544, and Parts 4.1, 4.6, 5.1, 5.6)","Dual administrative architecture with different decision-makers for petroleum titles (Titles Administrator) versus greenhouse gas titles (responsible Commonwealth Minister)","Complex valuation mechanics requiring comparison of three different value bases (consideration for transfer, value of title, value of interest) with apportionment formulas for multi-title dealings","Anti-avoidance provisions requiring satisfaction of subjective purpose tests for related body corporate exceptions ('solely for the purpose of a reorganisation... not substantially for the purpose of avoiding or reducing fees')","Transitional provisions preserving the repealed Petroleum (Submerged Lands) (Registration Fees) Act 1967 for pre-commencement entries and migrating old regulations"],"plain_english_summary":"This Act levies registration fees (1.5% of the greater of sale price or title value) on transfers and certain dealings (mortgages, encumbrances, sub‑leases) involving offshore petroleum and greenhouse‑gas titles, affecting holders of exploration, production, pipeline, injection and site licences. Regulations may set fee floors and caps; related‑party reorganisations get capped relief (if not chiefly for tax avoidance); committed exploration value can be deducted. Administration differs by title type (Titles Administrator or Commonwealth Minister)."},"flash_summary":{"complexity_score":6,"scope_assessment":{"changed":true,"description":"The Act re‑enacts the Petroleum (Submerged Lands) (Registration Fees) Act 1967 with modifications (Schedule 1, cl 3). Transitional clauses preserve pre‑commencement entries under the repealed Act and convert or continue regulations made for the old Act to corresponding provisions of this Act (Schedule 1, cls 1–2), indicating a change in form and specific provisions while maintaining continuity for existing entries."},"complexity_factors":["Multiple conditional fee‑calculation tables with alternative items and cross‑links (ss 5(2), 6(2), 6A(2), 6B(2))","Cross‑references to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 for definitions, registers and collection (ss 3,4,4A; notes)","Administrative discretions to determine value, accept deductions for exploration works, and approve related‑party exemptions (ss 6(4)–(5), 6B(4)–(5), items referencing Titles Administrator/responsible Minister)","Regulations can prescribe minimum or fixed amounts and different rates for table items, adding delegated rule complexity (s 7 and multiple 'prescribed by the regulations' entries)","Transitional and re‑enactment provisions preserving prior Act effects and adapting existing regulations increase interpretive and temporal complexity (Schedule 1, clauses 1–3)","Tax characterisation of fees interacts with collection provisions in another Act, requiring cross‑statute coordination (ss 5(4),6(6),6A(4),6B(6); note re Part 6.7)"],"plain_english_summary":"This Act imposes registration fees (treated as taxes) on entries in the offshore titles Register when petroleum or greenhouse‑gas titles are transferred or when dealings are approved, and applies relevant Parts of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 to those processes. The parties to a transfer or dealing pay the fee; amounts are calculated as 1.5% of consideration or value with regulations able to prescribe minima. The Titles Administrator or responsible Commonwealth Minister determines valuation and may accept related‑party exemptions (ss 5–6B,7)."}},"importantCases":[],"_links":{"self":"/api/acts/offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006","history":"/api/acts/offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006/history","analysis":"/api/acts/offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006/analysis","conflicts":"/api/acts/offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006/conflicts","importantCases":"/api/acts/offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006/important-cases","documents":"/api/acts/offshore-petroleum-and-greenhouse-gas-storage-registration-fees-act-2006/documents"}}