Commonwealth Numbered Acts

FUEL SECURITY ACT 2021 (NO. 65, 2021) - SECT 23

                   For the purposes of paragraph 19(a), an entity ( entity 1 ) is the holder of stocks of an MSO product under this section if:

                     (a)  another entity ( entity 2 ) owns the stocks; and

                     (b)  the stocks are being stored in Australia by entity 2 or another entity; and

                     (c)  a legally enforceable arrangement, that meets any requirements prescribed by the rules, is in force between entity 1 and entity 2 under which entity 1 is to take ownership of the stocks; and

                     (d)  no other entity is the holder of the stocks under section 24.