Document ID: chunk:federal_register_of_legislation:C2024C00828:section:688
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 688
Character Range: 1810177–1811468

688  Well investigation levy

When well investigation levy becomes due and payable
 (1) Well investigation levy imposed by the Regulatory Levies Act becomes due and payable at the time specified in, or worked out in accordance with, the regulations.

Late payment penalty
 (2) If well investigation levy payable by a person under the Regulatory Levies Act remains wholly or partly unpaid after it becomes due and payable, the person is liable to pay a late payment penalty under this section.
 (3) The late payment penalty is calculated at the rate of 0.333333% per day on the amount of the well investigation levy remaining unpaid.
 (4) NOPSEMA may remit the whole or a part of an amount of late payment penalty if NOPSEMA considers that there are good reasons for doing so.

Recovery of well investigation levy and late payment penalty
 (5) Each amount of well investigation levy, and each amount of late payment penalty payable in respect of well investigation levy:
 (a) is a debt due to NOPSEMA on behalf of the Commonwealth; and
 (b) is recoverable by NOPSEMA, on behalf of the Commonwealth, in:
 (i) the Federal Court; or
 (ii) the Federal Circuit and Family Court of Australia (Division 2); or
 (iii) a court of a State or Territory that has jurisdiction in relation to the matter.