Offshore Minerals (Exploration Licence Fees) Act 1981 (Cth)

Offshore Minerals (Exploration Licence Fees) Act 1981

Act No. 83 of 1981 as amended

This compilation was prepared on 4 October 2000 taking into account amendments up to Act No. 29 of 1994

The text of any of those amendments not in force on that date is appended in the Notes section

The operation of amendments that have been incorporated may be affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting, Attorney‑General's Department, Canberra

Contents 1 Short title [see Note 1]........................... 2 Commencement [see Note 1]....................... 3 Interpretation................................. 4 Exploration licence fees.......................... 4A Holder liable to pay fee........................... 4B Time for payment.............................. 5 Penalty for late payment.......................... 6 Fees and penalties debts due to Commonwealth............ 7 Regulations..................................

Notes An Act to provide for the payment of fees in respect of exploration licences under the Offshore Minerals Act 1994

1 Short title [see Note 1] This Act may be cited as the Offshore Minerals (Exploration Licence Fees) Act 1981.

2 Commencement [see Note 1] This Act shall come into operation on the day on which the Minerals (Submerged Lands) Act 1981 comes into operation.

3 Interpretation

(1) In this Act:

year, in relation to the term of an exploration licence, means: (a) the period of 12 months commencing on (and including) the day on which the provisional grant of the licence is properly accepted; or (b) a period of 12 months commencing on (and including) an anniversary of that day; or (c) a period of less than 12 months that: (i) commences on (and includes): (A) the day on which the provisional grant of the licence is properly accepted; or (B) an anniversary of that day; and (ii) ends at the end of the term of the licence.