Commonwealth legislation

Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

55 of 1990

Collection

legislative instrument

Plain English Summary

1/10 complexity

This regulation sets the annual fees for permits to explore for petroleum (oil and gas) in Australia's offshore areas (legally called "submerged lands").

Who it affects: Companies or individuals holding an exploration permit for offshore petroleum drilling.

How the fee is calculated: You pay whichever is greater:

A flat fee of $1,000, OR
$50 for each block covered by your permit

A "block" is a specific geographic area of seabed (like a grid square on a map) defined in your permit documents.

Practical examples:

Small permit (10 blocks): You pay $1,000 (because $1,000 is greater than $500)
Large permit (30 blocks): You pay $1,500 (because $1,500 is greater than $1,000)

This ensures all permit holders pay a minimum fee, while larger exploration areas pay proportionally more.

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Current sections

Direct links to the current provisions in Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations.

Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations

Commonwealth Coat of Arms of Australia

Statutory Rules 1990 No. 551

––––––––––––

Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and pursuant to section 4 of the Acts Interpretation Act 1901, hereby make the following Regulations under the Petroleum (Submerged Lands) (Exploration Permit Fees) Act 1967.

Dated 19 February 1990.

BILL HAYDEN

Governor-General

By His Excellency’s Command,

PETER COOK

Minister of State for Resources

–––––––––––––

Citation

1. These Regulations may be cited as the Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations.

Interpretation

2. In these Regulations, unless the contrary intention appears:

“the Act” means the Petroleum (Submerged Lands) (Exploration Permit Fees) Act 1967.

Permit fees—subsection 4 (1) of the Act

3. For the purposes of subsection 4(1) of the Act, the fee payable is:

(a) $1,000; or

(b) an amount calculated at a rate of $50 for each block to which the permit relates at the commencement of the year;

whichever is the greater.

NOTE

1. Notified in the Commonwealth of Australia Gazette on 27 February 1990.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations

Statutory Rules 1990 No. 551

––––––––––––

Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations

Dated 19 February 1990.

BILL HAYDEN

Governor-General

By His Excellency’s Command,

PETER COOK

Minister of State for Resources

–––––––––––––

Citation

1. These Regulations may be cited as the Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations.

Interpretation

2. In these Regulations, unless the contrary intention appears:

“the Act” means the Petroleum (Submerged Lands) (Exploration Permit Fees) Act 1967.

Permit fees—subsection 4 (1) of the Act

3. For the purposes of subsection 4(1) of the Act, the fee payable is:

(a) $1,000; or

(b) an amount calculated at a rate of $50 for each block to which the permit relates at the commencement of the year;

whichever is the greater.

NOTE

1. Notified in the Commonwealth of Australia Gazette on 27 February 1990.