Document ID: chunk:federal_register_of_legislation:C2025C00045:section:12a
Version: federal_register_of_legislation:C2025C00045
Segment Type: section
Provision Reference: s 12A
Character Range: 83002–84671

12A  Meaning of critical liquid fuel asset
 (1) An asset is a critical liquid fuel asset if it is any of the following:
 (a) a liquid fuel refinery that is critical to ensuring the security and reliability of a liquid fuel market, in accordance with subsection (2);
 (b) a liquid fuel pipeline that is critical to ensuring the security and reliability of a liquid fuel market, in accordance with subsection (3);
 (c) a liquid fuel storage facility that is critical to ensuring the security and reliability of a liquid fuel market, in accordance with subsection (4).
Note: The rules may prescribe that a specified critical liquid fuel asset is not a critical infrastructure asset (see section 9).
 (2) For the purposes of paragraph (1)(a), the rules may prescribe:
 (a) specified liquid fuel refineries that are critical to ensuring the security and reliability of a liquid fuel market; or
 (b) requirements for a liquid fuel refinery to be critical to ensuring the security and reliability of a liquid fuel market.
 (3) For the purposes of paragraph (1)(b), the rules may prescribe:
 (a) specified liquid fuel pipelines that are critical to ensuring the security and reliability of a liquid fuel market; or
 (b) requirements for a liquid fuel pipeline to be critical to ensuring the security and reliability of a liquid fuel market.
 (4) For the purposes of paragraph (1)(c), the rules may prescribe:
 (a) specified liquid fuel storage facilities that are critical to ensuring the security and reliability of a liquid fuel market; or
 (b) requirements for a liquid fuel storage facility to be critical to ensuring the security and reliability of a liquid fuel market.