House debates

Wednesday, 18 June 2008

Offshore Petroleum (Annual Fees) Amendment (Greenhouse Gas Storage) Bill 2008

Second Reading

9:43 am

Photo of Martin FergusonMartin Ferguson (Batman, Australian Labor Party, Minister for Resources and Energy) Share this | | Hansard source

I move:

That this bill be now read a second time.

The Offshore Petroleum (Annual Fees) Act 2006 requires the registered holder of petroleum titles held under the Offshore Petroleum Act 2006 to pay an annual fee for each year of the term of the title.

This bill amends the Offshore Petroleum (Annual Fees) Act 2006 by adding greenhouse gas titles to the titles in respect of which annual fees are payable.

I commend this bill to the House.

Debate (on motion by Mr Randall) adjourned.