Geothermal Energy Resources Regulations 2026

For the purposes of section 113(c) of the Act, the holder of an authority must give the Minister a report, in respect of each financial year, of the following—

the geothermal energy operation activities undertaken under the authority during that year (if any);

conclusions derived from those activities;

reports and studies relating to those activities.

A report under subregulation (1) must include the following—

details of the expenditure by the holder of the authority on each activity undertaken during the year;

if the authority is an extraction licence, the quantities of geothermal energy extracted under the licence;

the date the report was completed;

the name of the person who prepared the report.

The holder of an authority must give the report under subregulation (1) to the Minister—

within 28 days after the end of the financial year to which it relates; or

if the authority ceases to have effect during a financial year, within 28 days after the authority ceases to have effect.

The Minister, on a request from the holder of an authority, may extend the period for the submission of a report.

If the Minister extends the submission period under subregulation (4), the holder of an authority must give the report to the Minister within the extended period.

For the purposes of this regulation, a holder of an authority includes a person who was the holder of an authority in the financial year to which the report relates.