Document ID: chunk:federal_register_of_legislation:C2019A00092:clause:11_5
Version: federal_register_of_legislation:C2019A00092
Segment Type: clause
Provision Reference: sch 11 cl 5
Character Range: 131749–132697

5  After subsection 589(2)
Insert:
 (2A) NOPSEMA may, on behalf of the Commonwealth, deduct, from the proceeds of a sale under subsection (1) of property that belongs (or that NOPSEMA believes to belong) to a particular person, the whole or a part of:
 (a) any fees or amounts payable to the Commonwealth by that person under this Act, so long as the fee or amount concerned is due and payable; and
 (b) any amounts payable by that person under the Royalty Act, so long as the amount concerned is due and payable; and
 (c) any amounts payable by that person under any of the following provisions of the Regulatory Levies Act:
 (i) section 5;
 (ii) section 7;
 (iii) section 9;
 (iv) section 10A;
 (v) section 10C;
 (vi) section 10E;
 (vii) section 10F;
  so long as the amount concerned is due and payable.
 (2B) If NOPSEMA, under subsection (2A), deducts an amount payable to the Commonwealth, NOPSEMA must remit that amount to the Commonwealth.