Commonwealth Numbered Acts

OFFSHORE PETROLEUM (ROYALTY) ACT 2006 (NO. 18, 2006)

TABLE OF PROVISIONS

           Long Title

   1.      Short title  
   2.      Commencement  
   3.      Application of Chapter 1 of the Offshore Petroleum Act 2006  
   4.      Definitions  
   5.      Imposition of royalty  
   6.      Rate of royalty—production licences  
   7.      Rate of royalty—exploration permit  
   8.      Rate of royalty—retention lease  
   9.      Reduction of royalty—potentially uneconomic wells  
   10.     Exemptions from royalty  
   11.     Meaning of wellhead  
   12.     Meaning of value  
   13.     Quantity of petroleum recovered  
   14.     Directions by Joint Authority  
   15.     Provisional payment of royalty  
   16.     Adjustment of payments of royalty  
   17.     Transitional provisions  
           SCHEDULE 1