Document ID: chunk:federal_register_of_legislation:F2021L01011:reg:17
Version: federal_register_of_legislation:F2021L01011
Segment Type: reg
Provision Reference: reg 17
Character Range: 22738–24024

17  Reporting refinery operation—closure circumstances
 (1) For paragraph 47(2)(a) of the Act, a person must provide a report with the following information if they consider that a circumstance has occurred where the obligation to repay under subsection 50(1) of the Act would not arise if the refinery closed or has already closed:
 (a) the nature of the circumstance and why they consider the obligation to repay would not arise;
 (b) the steps taken and proposed to be taken by the refinery operator and related refinery entities to prevent or limit the effect of the circumstance, including those outlined in the information provided under paragraph 6(2)(d), and why further steps were not or cannot be taken;
 (c) the costs associated with addressing any force majeure event or material adverse change, including relevant supporting documentation of those costs;
 (d) the relevant independent analysis required by paragraph 20(2)(c) or (4)(d);
 (e) unless otherwise agreed with the Secretary, the data and information used to support the analysis provided under paragraph (d).
 (2) For paragraph 47(2)(c) of the Act, the reports under subsection (1) must be provided as soon as practicable after the circumstance has arisen and the relevant independent analysis has been prepared.