sch.6-sec.4Exploration

sch.6-sec.4 Exploration

The safety and health fee payable by the holder (the relevant authority or permit holder ) of an authority to prospect, a geothermal permit or a GHG permit is 2.60 fee units for each sub-block within the area of the authority or permit. However, if the amount of the safety and health fees calculated under subsection (1) for all holders of an authority to prospect, a geothermal permit or a GHG permit during the year is more than the total of the costs estimates for the categories of liable person mentioned in section 155 (2) (c) , (d) and (e) for the year, the safety and health fee payable by the relevant authority or permit holder is the amount worked out using the formula— where— C means the total of the costs estimates. N means the number of sub-blocks within the area of the authorities to prospect, geothermal permits or GHG permits held by the relevant authority or permit holder during the year. T means the number of sub-blocks within the areas of all authorities to prospect, geothermal permits or GHG permits held during the year. sch 6 pt 3 s 4 amd 2019 SL No. 80 s 52 ; 2020 SL No. 107 s 39 ; 2021 SL No. 75 s 32 ; 2022 SL No. 68 s 14 (sch.6-sec.4-ssec.1) The safety and health fee payable by the holder (the relevant authority or permit holder ) of an authority to prospect, a geothermal permit or a GHG permit is 2.60 fee units for each sub-block within the area of the authority or permit. (sch.6-sec.4-ssec.2) However, if the amount of the safety and health fees calculated under subsection (1) for all holders of an authority to prospect, a geothermal permit or a GHG permit during the year is more than the total of the costs estimates for the categories of liable person mentioned in section 155 (2) (c) , (d) and (e) for the year, the safety and health fee payable by the relevant authority or permit holder is the amount worked out using the formula— where— C means the total of the costs estimates. N means the number of sub-blocks within the area of the authorities to prospect, geothermal permits or GHG permits held by the relevant authority or permit holder during the year. T means the number of sub-blocks within the areas of all authorities to prospect, geothermal permits or GHG permits held during the year.