Modern Petroleum Royalties to be Debated in Parliament

NT Government

A Bill to modernise petroleum royalty legislation will be debated during Sittings as Parliament resumes today.

The Petroleum Royalty Bill 2023 provides certainty to industry by removing requirements for individual agreements between the Government and petroleum producers; and ensures administrative provisions are in place to protect the integrity of the scheme.

Other Bills to be debated this Sittings include:

The Care and Protection of Children Amendment Bill 2023 that strengthens the rights of children in care and aims to improve Government’s engagement and cooperation with service providers, families and communities;The Trespass Bill 2023 that repeals the outdated Trespass Act 1987, streamlining the process for businesses to issue and enforce warnings, and making the laws clearer and easier for business owners and employees to protect their premises.The Statute Law Amendment (Succession of the Crown) Bill 2023 that amends legislation following the succession of the Crown; andThe Statute Law Amendment (National Cabinet Bill 2023) that upkeeps and maintains the NT Statute Book.

Additionally, several new Bills will be introduced this Sittings, the second for the year.

Quotes attributable to Leader of Government Business Chansey Paech:

“The Territory Labor Government is looking forward to a productive Sittings session, which once again is about streamlining and modernising our legislation.

“We are working towards creating an efficient, fairer, more equitable future for Territorians, and the legislative changes on the agenda progress this important work.”

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