Document ID: chunk:federal_register_of_legislation:F2023C00357:reg:14
Version: federal_register_of_legislation:F2023C00357
Segment Type: reg
Provision Reference: reg 14
Character Range: 10703–11671

14  Refinery feedstocks—unfinished refinery product
 (1) For paragraph 25(3)(c) of the Act, an unfinished refinery product is prescribed if:
 (a) the product is reasonably expected to be transformed into an MSO product at the refinery; and
 (b) after transformation into an MSO product, the volume of the MSO product is expected to be more than 80% of the volume of the unfinished refinery product being stored at the refinery.
 (2) For subsection 25(1) of the Act, the quantity of diesel, gasoline and kerosene per megalitre of unfinished refinery product is to be calculated by applying a methodology set out in the entity's MSO compliance plan.
 (3) The methodology under subsection (2) must:
 (a) be consistent with the composition and expected transformation of the unfinished refinery product; and
 (b) not result in a total quantity of diesel, gasoline or kerosene that is greater than the quantity of the unfinished refinery product.
Part 3—Application of MSO