Senate debates

Wednesday, 1 March 2006

Offshore Petroleum Bill 2005; Offshore Petroleum (Annual Fees) Bill 2005; Offshore Petroleum (Registration Fees) Bill 2005; Offshore Petroleum (Repeals and Consequential Amendments) Bill 2005; Offshore Petroleum (Royalty) Bill 2005; Offshore Petroleum (Safety Levies) Amendment Bill 2005

In Committee

9:44 am

Photo of Richard ColbeckRichard Colbeck (Tasmania, Liberal Party, Parliamentary Secretary to the Minister for Finance and Administration) Share this | Hansard source

Senator Milne missed one key point that I put on the record as part of my presentation previously, and that is that, after each five years, there has to be a process where justification for continuing occurs. Through that process, there is the capacity for dealing with new issues that have arisen during the previous five years.

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