Definitions
6 Definitions
In this Act:
amount includes a nil amount.
decommissioning includes all activities associated with or connected to the decommissioning of the Northern Endeavour, including:
the disconnection, removal and disposal of the Northern Endeavour; and
the suspension, plugging (whether temporary or permanent) and abandonment of wells in the Laminaria and Corallina oil fields and flushing of associated pipelines; and
removal or any other treatment of subsea infrastructure from the Laminaria and Corallina oil fields; and
associated environmental remediation.
decommissioning‑related activities means all activities carried out by, or on behalf of, the Commonwealth that relate (whether directly or indirectly) to the Northern Endeavour and the wells and subsea infrastructure in the Laminaria and Corallina oil fields, including:
operating (in any mode) and maintaining the Northern Endeavour, wells and infrastructure; and
decommissioning and activities in preparation for decommissioning; and
obtaining insurance in relation to the matters mentioned in paragraphs (a) and (b).
distributed levy rate, for a levy year, has the meaning given by subsection 11(2).
Laminaria and Corallina oil fields means the areas covered by petroleum production licences AC/L5 and WA‑18‑L.
leviable entity, for a levy year, means a person who is the registered holder of a petroleum production licence at any time during the levy year.
levy means levy imposed by this Act.
levy year has the meaning given by section 7.
Northern Endeavour means the Northern Endeavour floating production storage and offtake facility (Australian General Shipping Register official number 860769).
petroleum has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
petroleum amount, for a leviable entity for a levy year, has the meaning given by subsection 11(1).
petroleum production licence has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
registered holder has the same meaning as in the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
Resources Minister means the Minister administering the Offshore Petroleum and Greenhouse Gas Storage Act 2006.
total decommissioning cost means the total amount in dollars of net costs reasonably incurred by the Commonwealth in relation to the decommissioning‑related activities.
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