CTHRepealedAct
Petroleum (Submerged Lands) Act 1967
150YSSafety case levy
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#### 150YS Safety case levy
Remittal
(1) The regulations may make provision for the remittal of part of an amount of safety case levy imposed by the Safety Levies Act in respect of a facility and a year if:
(a) the facility is of a kind declared by the regulations to be a facility that operates on an intermittent basis; and
(b) the facility in fact only operates for a part of that year.
(2) The regulations may make provision for the remittal of part of an amount of safety case levy imposed by the Safety Levies Act in respect of a facility and a part of a year if:
(a) the facility is of a kind declared by the regulations to be a facility that operates on an intermittent basis; and
(b) the facility in fact only operates for a part of that part of the year.
When safety case levy becomes due and payable
(3) Safety case levy imposed by the Safety Levies Act becomes due and payable at the time specified in, or worked out in accordance with, the regulations.
Late payment penalty
(4) If safety case levy payable by a person under the Safety Levies Act remains wholly or partly unpaid after it becomes due and payable, the person is liable to pay a late payment penalty under this section.
(5) The late payment penalty is calculated at the rate of 0.33% per day on the amount of the safety case levy remaining unpaid.
(6) The Safety Authority may remit the whole or a part of an amount of late payment penalty if the Safety Authority considers that there are good reasons for doing so.
Recovery of safety case levy and late payment penalty
(7) Each amount of safety case levy, and each amount of late payment penalty payable in respect of safety case levy:
(a) is a debt due to the Safety Authority on behalf of the Commonwealth; and
(b) is recoverable by the Safety Authority, on behalf of the Commonwealth, in a court of competent jurisdiction.
Definitions
(8) In this section:
> facility:
(a) in relation to safety case levy imposed by section 7 of the Safety Levies Act—has the same meaning as in that section; or
(b) in relation to safety case levy imposed by section 8 of the Safety Levies Act—has the same meaning as in that section.
> year has the same meaning as in the Safety Levies Act.