(1)

If:

(a) either:
(i) at the start of a year, a pipeline safety management plan is in force in relation to a pipeline; or
(ii) a pipeline safety management plan is in force in relation to a pipeline during a part of a year, but is not in force at the start of that year; and
(b) the pipeline is located, or proposed to be located, in Commonwealth waters; and
(c) the pipeline is covered by a pipeline licence;

levy is imposed on the pipeline safety management plan in respect of:

(d) if subparagraph (a)(i) applies—that year; or
(e) if subparagraph (a)(ii) applies—that part of that year.

(2)

Levy imposed by subsection (1) is to be known as pipeline safety management plan levy .

(3)

Pipeline safety management plan levy imposed by subsection (1) is payable by the licensee of the pipeline licence.

Note: For collection of pipeline safety management plan levy, see section 150YT of the Petroleum (Submerged Lands) Act 1967 .

Amount of pipeline safety management plan levy

(4)

The amount of pipeline safety management plan levy imposed by subsection (1) in respect of a year is the amount that is specified in, or worked out in accordance with, the regulations.

(5)

The amount of pipeline safety management plan levy imposed by subsection (1) in respect of a part of a year is the amount that is worked out in accordance with the regulations.

(6)

The regulations may specify different amounts of pipeline safety management plan levy, or different means of working out amounts of pipeline safety management plan levy, in relation to different kinds of pipelines.

(7)

Subsection (6) does not limit subsection 33(3A) of the Acts Interpretation Act 1901 .

Definitions

(8)

In this section: