Senate debates Bills

Offshore Petroleum and Greenhouse Gas Storage Amendment (National Regulator) Bill 2011, Offshore Petroleum and Greenhouse Gas Storage (Registration Fees) Amendment Bill 2011, Offshore Petroleum (Royalty) Amendment Bill 2011, Offshore Resources Legislation Amendment (Personal Property Securities) Bill 2011, Offshore Petroleum and Greenhouse Gas Storage Regulatory Levies Legislation Amendment (2011 Measures No. 2) Bill 2011; In Committee


Nick Sherry

Nick Sherry Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism

6:10 pm

Where there is a change of ownership—that is the actual ownership of the entity, the company—yes, the minister does have the power. However, the minister cannot prejudge, as I said in my earlier remarks, the outcome of an inquiry or some other equivalent judicial process and make a decision to exercise that power prior to the outcome and conclusion of those processes.

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