Document ID: chunk:federal_register_of_legislation:C2020C00162:clause:2_41:p1
Version: federal_register_of_legislation:C2020C00162
Segment Type: clause
Provision Reference: sch 2 cl 41 (pt 1/2)
Character Range: 18664–21256

41  Application of amendments

Commonwealth greenhouse gas titles
(1) The amendments of section 10A of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a greenhouse gas title for a year, apply in relation to an eligible well in relation to a greenhouse gas title for a year that began at or after the commencement of this item.
(2) For the purposes of the application of:
 (a) subitem (1); and
 (b) section 10A of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (as amended by this Part);
to a well that is or was drilled under the authority of a greenhouse gas title, if this item does not commence on a 1 January, the period:
 (c) beginning at the commencement of this item; and
 (d) ending at the end of 31 December next following that commencement;
is taken to be a year.

State/Territory greenhouse gas titles
(3) The amendments of section 10B of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a State/Territory greenhouse gas title for a year, apply in relation to an eligible well in relation to a State/Territory greenhouse gas title for a year that began at or after the commencement of this item.
(4) For the purposes of the application of:
 (a) subitem (3); and
 (b) section 10B of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 (as amended by this Part);
to a well that is or was drilled under the authority of a State/Territory greenhouse gas title, if this item does not commence on a 1 January, the period:
 (c) beginning at the commencement of this item; and
 (d) ending at the end of 31 December next following that commencement;
is taken to be a year.

Commonwealth petroleum titles
(5) The amendments of section 10A of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a petroleum title for a year, apply in relation to an eligible well in relation to a petroleum title for a year that began at or after the commencement of this item.

State/Territory petroleum titles
(6) The amendments of section 10B of the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Act 2003 made by this Part, so far as they concern an eligible well in relation to a State/Territory petroleum title for a year, apply in relation to an eligible well in relation to a State/Territory petroleum title for a