Document ID: chunk:federal_register_of_legislation:F2019L00435:reg:12
Version: federal_register_of_legislation:F2019L00435
Segment Type: reg
Provision Reference: reg 12
Character Range: 13432–14394

12  Simplified outline of this Part

      This Part sets out guidelines for the purposes of section 12 of the Act.
      Subsection 12(1) of the Act authorises the Minister to direct a relevant fuel industry corporation:
             (a) to maintain at all times after a specified day, at specified places in Australia, specified quantities of reserve supplies of a specified kind of liquid fuel; or
             (b) to accumulate, by a specified day, specified quantities of reserve supplies of a specified kind of liquid fuel and to maintain, at all times after that day, such quantities of reserve supplies of liquid fuel of that kind at specified places in Australia.
      A direction may not be given during a period of national liquid fuel emergency (see Part 8 for directions in this circumstance).
      A direction given under subsection 12(1) of the Act must be in accordance with these guidelines (as in force at the time the direction is given).