Water Regulation 2016

This section applies if the annual levy payable by a resource tenure holder for a financial year is more than nil.

The manager must give the resource tenure holder a notice about the annual levy payable by the holder for the financial year.

The manager may give a notice to a resource tenure holder on a quarterly basis or at an interval decided by the manager (the levy period).

The notice must state the following—

the number of—

for a petroleum tenure holder—each class of relevant sub-blocks to which the notice applies; or

for a mining tenure holder—each class of mining tenure to which the notice applies;

the financial year to which the notice applies;

the levy period to which the notice applies;

the amount of the annual levy payable by the resource tenure holder for the levy period (levy amount);

that the levy amount becomes payable on the day the notice is given;

the day by which the levy amount must be paid (the due date);

the way in which the levy amount must be paid;

that if the levy amount is not paid by the due date, the State may, under section 479A of the Act, recover from the holder the amount as a debt.