Document ID: chunk:federal_register_of_legislation:F2022C01122:reg:5:p2
Version: federal_register_of_legislation:F2022C01122
Segment Type: reg
Provision Reference: reg 5 (pt 2/2)
Character Range: 47987–49009

ship is within the outer limits.

Interaction with section 16
 (7) Subsection (1) does not apply to stock of a covered product held at an Australian field, Australian biofuel plant, Australian plant (non‑biofuel) or Australian refinery at the end of a reporting period if the quantity of the covered product held at the field, plant or refinery at the end of the reporting period is fuel information that is required to be included in a report mentioned in section 16.

Threshold
 (8) For the purposes of subsection 13(2) of the Act, subsection 11(2) of the Act does not apply, in relation to a report mentioned in subsection (1) of this section for a person for a reporting period in a financial year, if both of the following circumstances apply:
 (a) the total weight of all covered products wholesaled by the person during the previous financial year was less than 3,000 tonnes;
 (b) the total weight of stock held that the person would have to include in the report for the reporting period is less than 3,000 tonnes.