OFFSHORE MINERALS ACT 1994 - SECT 352 Fees for registration

OFFSHORE MINERALS ACT 1994 - SECT 352

  (1)   The Joint Authority is to determine the amount of the fee payable under the Registration Fees Act for registration of any document or fact.

  (2)   If:

  (a)   a document creates, transfers, affects or otherwise deals with a licence or an interest in a licence; and

  (b)   the Designated Authority determines under subsection   ( 1) the amount of the fee payable under the Registration Fees Act on the basis of the information contained in the document; and

  (c)   the Designated Authority subsequently becomes satisfied that the document does not fully and truly set out:

  (i)   the consideration for the transaction it relates to; or

  (ii)   all the other facts and circumstances (if any) that affect the amount of the fee payable under the Registration Fees Act in respect of the document;

the Designated Authority may make a fresh determination under subsection   ( 1) of the amount of the fee.