Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Regulations 2022
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Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Regulations 2022
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(1) This section is made for the purposes of paragraph 5(1)(c) of the Regulatory Levies Act, which deals with the imposition of safety investigation levy on a notifiable accident or occurrence that happens in relation to a facility located in Commonwealth waters. (2) The following conditions are specified: (a) a particular time (the threshold time) is the first time when the amount of the costs and expenses reasonably incurred by NOPSEMA in relation to the conduct of the compliance investigation referred to in paragraph 5(1)(b) of the Regulatory Levies Act in respect of the notifiable accident or occurrence exceeds $30,000; (b) NOPSEMA has given the operator of the facility a written notice stating that the amount of the costs and expenses reasonably incurred by NOPSEMA in relation to the conduct of that investigation has exceeded $30,000.