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Windfall Profit Levy (Amendment) Regulations 2023

Updated: Jun 5, 2023

The Minister has amended the Windfall Profit Levy Act 1998 through the Windfall Profit Levy (Amendment) Regulations 2023.

These amendments came into effect on January 1, 2023.

Regulation 3 of the Windfall Profit Levy Regulations 1998 has been deleted, and amendments have been made to Regulations 4, 5, 7, 8, 10, 14, and the First Schedule.

The amendments generally relate to the form and manner in which producers must provide information to the Director General and change to penalties for noncompliance.

The heading of Part V of the principal Regulations has been amended to include the words "OR PENALTY."

Interested parties are advised to download the full Regulations for a complete understanding of the amendments:-

125.1 Windfall Profit Levy (Amendment) Regulations 2023 (PUA 132_2023)
Download PDF • 614KB


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