Document ID: chunk:federal_register_of_legislation:C2022C00108:section:10e
Version: federal_register_of_legislation:C2022C00108
Segment Type: section
Provision Reference: s 10E
Character Range: 47384–50112

10E  Imposition of annual titles administration levy
 (1) Levy is imposed on an eligible title:
 (a) for the year beginning on the day the title comes into force; and
 (b) for each subsequent year beginning on the anniversary of that day, if the title is in force at the start of the anniversary.
Levy is imposed whether or not the eligible title is in force for the whole of the year.
Note: See section 695M of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 for the remittal or refund of levy imposed for a year by this subsection if the title ceases to be in force before the end of the year.
 (2) Levy imposed by subsection (1) is to be known as annual titles administration levy.
 (3) Annual titles administration levy imposed by subsection (1) is payable by the registered holder of the title.

Amount of annual titles administration levy
 (4) The amount of annual titles administration levy imposed by subsection (1) on a title is the amount that is specified in, or worked out in accordance with, the regulations.
 (5) The regulations may specify different amounts of annual titles administration levy, or different means of working out amounts of annual titles administration levy, in relation to different eligible titles.
 (6) Subsection (5) does not limit subsection 33(3A) of the Acts Interpretation Act 1901.

Definitions
 (7) In this section:
boundary‑change petroleum exploration permit has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
cash‑bid petroleum exploration permit has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
eligible title means:
 (a) a work‑bid petroleum exploration permit; or
 (aa) a cash‑bid petroleum exploration permit; or
 (b) a special petroleum exploration permit; or
 (ba) a boundary‑change petroleum exploration permit; or
 (c) a petroleum retention lease; or
 (d) a petroleum production licence; or
 (e) an infrastructure licence; or
 (f) a pipeline licence; or
 (g) a work‑bid greenhouse gas assessment permit; or
 (ga) a cross‑boundary greenhouse gas assessment permit; or
 (h) a greenhouse gas holding lease; or
 (i) a greenhouse gas injection licence.
registered holder, in relation to a title, has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
special petroleum exploration permit has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
work‑bid greenhouse gas assessment permit has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
work‑bid petroleum exploration permit has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.

Part 4D—Environment plan levy