VICIn ForceAct
Offshore Petroleum and Greenhouse Gas Storage Act 2010
696When royalty for greenhouse gas injection and storage must be paid
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696 When royalty for greenhouse gas injection and storage must be paid
(1) Any royalty required by this Division must be paid in the manner specified in the greenhouse gas injection licence and within the time specified in the licence.
(2) If a greenhouse gas injection licence does not specify when or how royalty is to be paid under the licence, the holder of the licence must pay any royalty required by this Division in the manner, and within the time, specified by the regulations.
Division 5—Late payment and recovery of fees and royalties