Document ID: chunk:federal_register_of_legislation:C2024C00688:section:16
Version: federal_register_of_legislation:C2024C00688
Segment Type: section
Provision Reference: s 16
Character Range: 24548–25483

16  Entity's advice about expected designated quantity
 (1) If, at the start of an advice window, an entity is subject to the minimum stockholding obligation in relation to an MSO product, the entity must, before the end of the advice window, give the Secretary written advice (in the approved form, if any) of:
 (a) the quantity (in megalitres) of stocks of the product the entity expects to be notified of under section 15 before the end of the next notice window; and
 (b) any matters that might affect the entity's capacity to hold that quantity of stocks of the product.

 (2) The entity must do so regardless of whether the entity intends to cease undertaking MSO activities in relation to the product.

 (3) The entity must determine the expected quantity in accordance with the rules (if any).
Note: See also subsection 14(4).
 (4) An advice window is a period prescribed by the rules ending at the start of a notice window.