Commonwealth Numbered Acts

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FUEL SECURITY ACT 2021 (NO. 65, 2021) - SECT 17

Application to temporarily reduce quantity of stocks of MSO product

             (1)  An entity that is subject to the minimum stockholding obligation in relation to an MSO product may apply in writing to the Secretary to temporarily reduce the quantity of stocks of the product the entity must hold on obligation days.

             (2)  The application must:

                     (a)  specify the reduced quantity being applied for; and

                     (b)  set out the entity's reasons for applying for the reduced quantity; and

                     (c)  meet any other requirements prescribed by the rules.



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