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In forceUpdated to 1 Aug 2025Read it in Bahasa Malaysia
Contents

Part VI · Assessment and Permanent Storage in Offshore Areas

30. Injection levy

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(1)

The Minister shall, by order published in the Gazette, pursuant to the recommendation made by the Agency, determine the rates of the injection levy to be paid by the offshore operator for the purpose of long-term monitoring of each storage site by the Government, after the Agency consults the relevant competent technical entity.

(2)

The rates of injection levy—

(a)

shall be determined based on the risk and probability of risk of each storage site; and

(b)

shall not be increased due to withdrawals from the Fund or risks associated with other offshore storage projects.

(3)

Subject to subsection (2)—

(a)

the Agency may review the rates of injection levy for every five years, after consultation with the relevant competent technical entity; and

(b)

the offshore operator as it thinks necessary may request for the Agency to review the injection levy rates.

Report

Read on from s 31

Part VII

Assessment and Permanent Storage in Onshore Areas

Read on from Part VII

Part VIII

Post-Closure Stewardship Fund

Read on from Part VIII

Part IX

Enforcement

Read on from Part IX

Part X

General Provisions

Read on from Part X