Document ID: chunk:federal_register_of_legislation:C2024C00688:section:9
Version: federal_register_of_legislation:C2024C00688
Segment Type: section
Provision Reference: s 9
Character Range: 18032–18999

9  Entities subject to the minimum stockholding obligation

Main case
 (1) An entity is subject to the minimum stockholding obligation in relation to an MSO product if:
 (a) the minimum stockholding obligation has been triggered for the entity in relation to the product under section 10; and
 (b) the entity has not ceased to be subject to the minimum stockholding obligation in relation to the product under section 11.

Obligation assumed or divided
 (2) An entity is also subject to the minimum stockholding obligation in relation to an MSO product if:
 (a) a determination is made under section 37 that:
 (i) the entity has assumed another entity's minimum stockholding obligation in relation to the product; or
 (ii) another entity's minimum stockholding obligation in relation to the product has been divided with the entity; and
 (b) the entity has not ceased to be subject to the minimum stockholding obligation in relation to the product under section 11.