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Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Australian Government - Department of Foreign Affairs and Trade

Advancing the interests of Australia and Australians internationally

Australian Safeguards and Non-Proliferation Office

Annual Report 2000-2001

Uranium Producers Charge

As a number of ASNOs activities are of benefit to Australias uranium exporters, the Government recoups about 40% of ASNOs annual costs for safeguards activities through the Uranium Producers Charge.

The current arrangements were introduced through the Nuclear Safeguards (Producers of Uranium Ore Concentrates) Act 1993. The Act provides for each producer to pay an annual charge, prescribed by regulation, up to a maximum of $500,000.

Following a review as part of the Governments overhaul of business regulation in June 1997, the charge on uranium producers was retained. However, this charge changed to a safeguards fee per kilogram of production. This was seen as a fairer mechanism than the previous flat fee. The new fee includes a component for future costs, that is, the ongoing costs in respect of AONMwhich could remain in the fuel cycle for a considerable period after a mine had ceased production.

In November 2000 the fee was set at 6.7463 cents per kilogram of contained uranium produced during 19992000, which yielded $469,161 for Consolidated Revenue.

Department of Foreign Affairs and Trade