Under the Act and the Levy Act, the Director of Energy Safety must prepare and submit a business plan for the forthcoming financial year to the Minister for Commerce (the Minister) by the end of each calendar year.
EnergySafety's business plan is developed annually and as required by legislation sets out:
- a statement of intent;
- the business environment and challenges, including major projects;
- the financial plan;
- details of the proposed industry levy; and
- a brief outline of the previous financial year outcomes.
Once the business plan has been approved by the Minister, it will form the basis for his determination on the amount to be levied on energy industry participants, and the manner in which it is to be allocated between participants.
