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Brief
The Offshore Electricity Infrastructure (Regulatory Levies) Act 2021 (Cth) is an Act of the Australian Parliament that aims to impose a levy on offshore electricity infrastructure and its licence holders to regulate and oversee offshore electricity infrastructure activities. The Act sets out the imposition, amount, and collection of the levy, and provides for the regulation-making power to prescribe various matters related to the levy.
The key provisions of the Act include:
Imposition of the offshore electricity infrastructure levy on offshore electricity infrastructure licence holders and persons engaging in certain offshore infrastructure activities.
The Regulations may prescribe different kinds of offshore electricity infrastructure levy and the amount of the levy.
* The Governor-General may make regulations to prescribe matters required or permitted by the Act.
The Act commences on the same day as the Offshore Electricity Infrastructure Act 2021 commences, which is 2 June 2022.
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