Petroleum Act 1984

(a) monitoring activities to ensure that they are consistent with approvals, conditions attached to petroleum interests, plans approved under this Act, and other requirements under this Act;

(b) compliance and enforcement activities undertaken by the CEO, the Environment CEO, public sector employees in an Agency involved in the administration of this Act, and inspectors;

(c) recovering costs, or raising funds to cover future costs, connected with obtaining information, undertaking studies, making assessments and monitoring activities, outcomes and impacts associated with a petroleum interest or a proposed or potential petroleum interest, or in relation to an area that may be affected by a petroleum interest or a proposed or potential petroleum interest;

(d) other activities relating to the administration of this Act (insofar as those activities are not funded by fees and charges collected under this Act).

(3) The levy is an amount calculated and imposed in relation to activities specified by regulation and approved to be carried on under this Act during each financial year.

(4) An additional levy may be imposed during a financial year if additional activities are approved during the financial year.

(5) The levy is imposed from the beginning of the 2023/2024 financial year.

(7) Any unpaid levy may be recovered as a debt due and payable to the Territory.