I move:

That this bill be now read a second time.

The Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment Bill 2021 amends the Offshore Petroleum and Greenhouse Gas Storage Regulatory Levies Act 2003.

This bill accompanies the Offshore Petroleum and Greenhouse Gas Storage Amendment (Titles Administration and Other Measures) Bill 2021 and enables the National Offshore Petroleum Safety and Environmental Management Authority to expand existing cost recovery arrangements to former titleholders and related persons when a direction is issued.

I commend the bill to the chamber.

Debate adjourned.