Summary
Introduced with the Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment (Miscellaneous Matters) Bill 2015, the bill amends the Offshore Petroleum and Greenhouse Gas Storage Act 2006 to: automatically grant or extend the coverage of offshore petroleum titles over blocks moving from state or Northern Territory coastal waters into Commonwealth jurisdiction as a result of a change to the boundary; provide arrangements for the granting of renewals of Commonwealth titles over blocks remaining in Commonwealth waters, where part of that title has moved into state or Northern Territory coastal waters as a result of a change to the boundary; separate the requirements for conferral of petroleum and greenhouse gas functions on the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA); enable the recovery of costs for regulatory operations undertaken by NOPSEMA in waters landward of the territorial sea baseline; and make technical amendments.