Commonwealth Numbered Acts Commonwealth Numbered Acts(1) For the purposes of section 7 (minimum stockholding obligation), stocks of feedstock are treated as if they were stocks of an MSO product, of a quantity determined in accordance with the rules, if:
(a) the feedstock is used, by an entity that is subject to the minimum stockholding obligation in relation to the product, to refine the product at a refinery in Australia; and
(b) the stocks are being stored at the refinery; and
(c) any other requirements prescribed by the rules are met.
(2) For the purposes of paragraph 19(a), the holder of those stocks is:
(a) the entity mentioned in paragraph (1)(a); or
(b) if another entity would be the holder of the stocks under section 24, if that section applied in relation to stocks of feedstock--that other entity.
(3) Any of the following is feedstock :
(a) crude oil that meets any requirements prescribed by the rules;
(b) any other refinery feedstock prescribed by the rules;
(c) any unfinished refinery product prescribed by the rules.