{"id":"C2004L05761","name":"Petroleum (Submerged Lands) (Retention Lease Fees) Regulations","slug":"petroleum-submerged-lands-retention-lease-fees-regulations","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"59 of 1990","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":27944,"registerId":"commonwealth-C2004L05761-current","compilationNumber":null,"startDate":"2026-04-01","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Petroleum (Submerged Lands) (Retention Lease Fees) Regulations","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\nStatutory Rules 1990 No. 591\n\n––––––––––––\n\nPetroleum (Submerged Lands) (Retention Lease Fees) Regulations\n\nI, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and pursuant to section 4 of the Acts Interpretation Act 1901, hereby make the following Regulations under the Petroleum (Submerged Lands) (Retention Lease Fees) Act 1985.\n\nDated 19 February 1990.\n\nBILL HAYDEN\n\nGovernor-General\n\nBy His Excellency’s Command,\n\nPETER COOK\n\nMinister of State for Resources\n\n–––––––––––––\n\nCitation\n\n1\\. These Regulations may be cited as the Petroleum (Submerged Lands) (Retention Lease Fees) Regulations.\n\nInterpretation\n\n2\\. In these Regulations, unless the contrary intention appears:\n\n“the Act” means the Petroleum (Submerged Lands) (Retention Lease Fees) Act 1985.\n\nFees—subsection 4 (1) of the Act\n\n3\\. For the purposes of subsection 4 (1) of the Act, the fee payable shall be calculated at the rate of $6,000 for each block to which the lease relates at the commencement of the year.\n\n  \n\nNOTE\n\n1\\. Notified in the Commonwealth of Australia Gazette on 27 February 1990.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1468},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The regulation maintains its original narrow scope of prescribing specific fee amounts for retention leases. It contains no expansion beyond the straightforward fee-calculation function authorized by the parent Act."},"complexity_factors":["Only 3 sections total, with just 1 substantive provision","Single defined term ('the Act')","No conditional logic, exceptions, or nested provisions","Simple flat-rate calculation with no variables or tiers","No cross-references to other legislation beyond the parent Act"],"plain_english_summary":"These regulations set an annual charge of $6,000 per block for petroleum companies holding offshore retention leases in Australian waters. It applies at the start of each lease year and targets companies keeping exploration rights without active drilling. The fee discourages indefinitely “parking” blocks, nudging holders to develop resources or surrender leases so offshore areas aren’t tied up inactive."}},"importantCases":[],"_links":{"self":"/api/acts/petroleum-submerged-lands-retention-lease-fees-regulations","history":"/api/acts/petroleum-submerged-lands-retention-lease-fees-regulations/history","analysis":"/api/acts/petroleum-submerged-lands-retention-lease-fees-regulations/analysis","conflicts":"/api/acts/petroleum-submerged-lands-retention-lease-fees-regulations/conflicts","importantCases":"/api/acts/petroleum-submerged-lands-retention-lease-fees-regulations/important-cases","documents":"/api/acts/petroleum-submerged-lands-retention-lease-fees-regulations/documents"}}