Document ID: chunk:federal_register_of_legislation:F2021L01011:reg:18
Version: federal_register_of_legislation:F2021L01011
Segment Type: reg
Provision Reference: reg 18
Character Range: 24024–24725

18  Notification
 (1) For paragraph 48(1)(f) of the Act, an event covered by subsection (2) is prescribed.
 (2) A force majeure event or material adverse change has occurred, or is very likely to occur, that has the potential to result in the closure of the refinery.
 (3) For paragraph 48(3)(c) of the Act, the notice must be provided by the later of:
 (a) 14 days after the event occurs; or
 (b) if under subsection (2) the impact of the force majeure event or material adverse change on the operation of the committed refinery is not clear—14 days after the person forms a conclusion that the event or change has the potential to result in the closure of the refinery.
Part 7—Repayment obligations