1Short titleThis regulation may be cited as the Mineral and Energy Resources (Financial Provisioning) Amendment Regulation 2025.2CommencementThis regulation commences on 1 October 2025.3Regulation amendedThis regulation amends the Mineral and Energy Resources (Financial Provisioning) Regulation 2019.4Insertion of new s 2AAfter section 2—insert—2APrescribed rating—Act, s 11For section 11(4) of the Act, definition prescribed rating, the following credit ratings are prescribed—

(a)a long-term credit rating by Fitch Australia Pty Ltd ACN 081 339 184 of BBB+ or higher;

(b)a long-term credit rating by Moody’s Investors Service Pty Limited ACN 003 399 657 of Baa1 or higher;

(c)a long-term credit rating by S&P Global Ratings Australia Pty Ltd ACN 007 324 852 of BBB+ or higher.

5Amendment of s 5 (Prescribed percentage—Act, sch 1, definition prescribed percentage)(1)Section 5, ‘the prescribed percentage’—omit, insert—the percentage prescribed(2)Section 5(c)—omit, insert—

(c)for an authority allocated to the risk category of moderate—2.25%; or

(d)for an authority allocated to the risk category of moderate-high—6.5%.

6Replacement of sch 1 (Assessment fee)Schedule 1—omit, insert—Schedule 1Assessment feesection 4$1Assessment fee for an allocation decision for an authority, other than an allocation decision for an authority to which item 2 applies, if the estimated rehabilitation cost for the authority at the beginning of the day on which the decision is made is—(a)at least $100,000 but less than $1m250(b)at least $1m but less than $10m1,250(c)at least $10m but less than $50m5,000(d)at least $50m but less than $100m11,250(e)at least $100m22,5002Assessment fee for an allocation decision for an authority that involves consideration of the characteristics of a resource project to which the authority relates, if the estimated rehabilitation cost for the authority at the beginning of the day on which the decision is made is—(a)at least $50m but less than $100m22,500(b)at least $100m45,000