Offshore Petroleum and Greenhouse Gas Storage Act 2010
688Fees for pipeline licences
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688 Fees for pipeline licences
(1) A pipeline licensee must pay to the Minister a fee calculated in accordance with the regulations in respect of each year of the term of a pipeline licence held by the licensee.
(2) The fee in respect of the first year of the term of a pipeline licence is due and payable on the day the term of the licence begins (the first payment day).
(3) The fee in respect of a later year of the term of a pipeline licence is due and payable on the day falling on the anniversary of the first payment day in the remaining years of the term of the licence.
Division 2—Fees for greenhouse gas titles