House debates
Wednesday, 6 July 2011
Bills
Offshore Petroleum (Royalty) Amendment Bill 2011; Second Reading
Debate resumed on the motion:
That this bill be now read a second time.
11:39 am
Martin Ferguson (Batman, Australian Labor Party, Minister for Resources and Energy) Share this | Link to this | Hansard source
The Offshore Petroleum (Royalty) Amendment Bill 2011 makes consequential amendments to the Offshore Petroleum (Royalty) Act 2006. The amendments reflect the government's streamlining of offshore oil and gas regulation by replacing the seven designated authorities with the National Offshore Petroleum Titles Administrator and the National Offshore Petroleum Safety and Environmental Management Authority. However, the government amendments to this bill have maintained the Western Australian government's role in the administration of offshore petroleum royalties in the North West Shelf area. To reflect these changes, this bill replaces the functions of the designated authority in the Offshore Petroleum (Royalty) Act 2006 with the responsible state minister.
Question agreed to.
Bill read a second time.