79No conditions about payment of money

79 No conditions about payment of money

(1) The conditions of a licence must not include a condition requiring the payment of money to the Regulator, the Registrar or the Commonwealth. (2) Subsection (1) does not apply to a condition mentioned in: (a) paragraph 35(1)(a) (feasibility licences—requirement to pay offshore electricity infrastructure levy); or (b) paragraph 45(1)(a) (commercial licences—requirement to pay offshore electricity infrastructure levy); or (c) paragraph 54(1)(a) (research and demonstration licences—requirement to pay offshore electricity infrastructure levy); or (d) paragraph 63(1)(a) (transmission and infrastructure licences—requirement to pay offshore electricity infrastructure levy). (3) Subsection (1) does not apply to a payment made in accordance with: (a) section 117 or 119 (financial security); or (b) regulations made for the purposes of section 117 or 119; or (c) a provision of a management plan that relates to the obligations of a licence holder under section 117, 118 or 119; or (d) a provision of the licensing scheme made for the purposes of subsection 32(3) (financial offers for feasibility licences).