Commonwealth Numbered Regulations

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1984 No. 95 GUIDELINES UNDER SUB-REGON 12 (1) OF THE LIQUID FUEL EMERGENCY ACT 1984 - REG 4

Period within which liquid fuel is to be accumulated
4. Where a relevant fuel industry corporation is to be required to accumulate,
prior to the making of a declaration by the Governor-General that a national
fuel emergency will exist, at a particular place, a quantity of reserve
supplies of liquid fuel of a particular kind, the period within which the
corporation is to be required so to accumulate that quantity of reserve
supplies-

   (a)  shall be such as is reasonably necessary to accumulate at the
        particular place that quantity of liquid fuel of that particular kind,
        regard being had to-

        (i)    the storage facilities that the corporation possesses at that
               place;

        (ii)   the necessity (if any) for the corporation to acquire storage
               facilities or additional storage facilities at that place; and

        (iii)  the facilities available to the corporation for the
               transportation to that place of the quantity of liquid fuel of
               that kind; and

   (b)  shall be sufficient to allow the corporation to comply with the
        requirements without undue financial burdens being imposed on it.



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