343Pipeline licence fee

343 Pipeline licence fee

For the purposes of section 688(1) of the Act, the fee for a pipeline licence for a year of the term of the licence is—

(a) in the case of a fee for a year beginning before 1 July 2025, 24 fee units per kilometre, or part of a kilometre, of the length of the pipeline at the beginning of the year; or

(b) in the case of a fee for a year beginning on or after 1 July 2025, 32 fee units per kilometre, or part of a kilometre, of the length of the pipeline at the beginning of the year.

Reg. 344 substituted by S.R. No. 65/2024 reg. 7.