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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 688C

Environment plan levy

Remittal or refund

  (1A)   The regulations may make provision for the remittal or refund of part of an amount of environment plan levy imposed by the Regulatory Levies Act.

When environment plan levy becomes due and payable

  (1)   Environment plan 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 environment plan levy payable under the Regulatory Levies Act remains wholly or partly unpaid after it becomes due and payable:

  (a)   if the levy is payable by a single person--the person is liable to pay a late payment penalty under this section; or

  (b)   if the levy is payable jointly and severally by 2 or more persons--those persons are jointly and severally 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 environment plan 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 environment plan levy and late payment penalty

  (5)   Each amount of environment plan levy, and each amount of late payment penalty payable in respect of environment plan 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.



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