sch.6-sec.2Drilling wells

sch.6-sec.2 Drilling wells

The safety and health fee payable by the operator (the relevant drilling plant operator ) of an operating plant used to drill a petroleum well, geothermal well (other than a well drilled for wet geothermal production), GHG well or UCG well ( relevant drilling plant ) during the year is 1,606 fee units for each kilometre drilled. However, if the amount of the safety and health fees calculated under subsection (1) for all operators of relevant drilling plant during the year is more than the costs estimate for the category of liable person mentioned in section 155 (2) (a) for the year, the fee payable by the relevant drilling operator is the amount worked out using the formula— where— C means the costs estimate. W means the number of kilometres the relevant drilling plant operator drills using the relevant drilling plant during the year. T means the number of kilometres all operators of relevant drilling plant drill using the plant during the year. sch 6 pt 3 s 2 amd 2019 SL No. 80 s 50 ; 2020 SL No. 107 s 37 ; 2021 SL No. 75 s 30 ; 2022 SL No. 68 s 12 (sch.6-sec.2-ssec.1) The safety and health fee payable by the operator (the relevant drilling plant operator ) of an operating plant used to drill a petroleum well, geothermal well (other than a well drilled for wet geothermal production), GHG well or UCG well ( relevant drilling plant ) during the year is 1,606 fee units for each kilometre drilled. (sch.6-sec.2-ssec.2) However, if the amount of the safety and health fees calculated under subsection (1) for all operators of relevant drilling plant during the year is more than the costs estimate for the category of liable person mentioned in section 155 (2) (a) for the year, the fee payable by the relevant drilling operator is the amount worked out using the formula— where— C means the costs estimate. W means the number of kilometres the relevant drilling plant operator drills using the relevant drilling plant during the year. T means the number of kilometres all operators of relevant drilling plant drill using the plant during the year.