Commonwealth Numbered Acts

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OFFSHORE PETROLEUM ACT 2006 (NO. 14, 2006) - SECT 55

Payments by the Commonwealth to the States and the Northern Territory

Scope

             (1)  This section applies if, during a particular month, the Commonwealth receives an amount (the received amount ):

                     (a)  that is payable under:

                              (i)  this Act (other than an amount paid for the grant of a cash‑bid exploration permit, a special exploration permit or a section 153 production licence); or

                             (ii)  the Annual Fees Act; or

                            (iii)  the Registration Fees Act;

                            in connection with a title or other document that relates to:

                            (iv)  a block; or

                             (v)  an infrastructure facility; or

                            (vi)  a pipeline;

                            in the offshore area of a State or the Northern Territory; or

                     (b)  that is an amount (other than a royalty) payable to the Designated Authority, on behalf of the Commonwealth, under, or under regulations made for the purposes of:

                              (i)  Chapter 2; or

                             (ii)  Chapter 3; or

                            (iii)  Chapter 5; or

                            (iv)  Schedule 5;

                            in relation to the offshore area of a State or the Northern Territory; or

                     (c)  that is payable to the Commonwealth under subsection 308(3) or 314(4) or (5) in relation to costs or expenses incurred by the Designated Authority of a State or the Northern Territory.

Payments

             (2)  Before the end of the next month, the Commonwealth must pay to the State or to the Northern Territory, as the case may be, an amount equal to:

                     (a)  if the received amount includes a component that is attributable to goods and services tax—so much of the received amount as does not consist of that component; or

                     (b)  in any other case—the received amount.

Safety Authority

             (3)  This section does not apply to an amount payable to the Safety Authority on behalf of the Commonwealth.

Definition

             (4)  In this section:

"title" means an exploration permit, retention lease, production licence, infrastructure licence, pipeline licence, special prospecting authority or access authority.



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