Offshore Petroleum and Greenhouse Gas Storage Amendment (Petroleum Pools and Other Measures) Bill 2016

Type
Government
Portfolio
Industry, Innovation and Science
Originating house
House of Representatives
Status
Act
Parliament no
45

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Summary

Amends the: Offshore Petroleum and Greenhouse Gas Storage Act 2006 and Petroleum Resource Rent Tax Assessment Act 1987 to ensure the ongoing validity of apportionment agreements, where it becomes apparent that an agreement relates to an area which contains multiple petroleum pools, rather than a single discrete pool; and Offshore Petroleum and Greenhouse Gas Storage Act 2006 to: include a regulation making power to ensure there is a legal basis for the regulations to provide for the refund and remittal of environment plan (EP) levies; provide for the retrospective commencement of this regulation making power to ensure the validity of refunds of EP levies previously made to offshore petroleum titleholders; and clarify that regulations can provide for the remittal and refund of safety case levies.

Progress

House of Representatives
Introduced and read a first time 15 Sep 2016
Second reading moved 15 Sep 2016
Second reading debate 07 Nov 2016
Second reading agreed to 07 Nov 2016
Third reading agreed to 07 Nov 2016
Senate
Introduced and read a first time 08 Nov 2016
Second reading moved 08 Nov 2016
Second reading debate 07 Feb 2017
Second reading debate 08 Feb 2017
Second reading agreed to 08 Feb 2017
Committee of the Whole debate 08 Feb 2017
Third reading agreed to 08 Feb 2017
Finally passed both Houses 08 Feb 2017
Assent
  • Act no: 11
  • Year: 2017
22 Feb 2017

Documents and transcripts

Text of bill

Explanatory memoranda

Proposed amendments

Senate

Schedules of amendments

No documents at present

Bills digest

Notes

Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changes to the bill. For details about the outcome of proposed amendments please refer to either the Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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