Document ID: chunk:federal_register_of_legislation:F2019L00435:reg:24
Version: federal_register_of_legislation:F2019L00435
Segment Type: reg
Provision Reference: reg 24
Character Range: 26268–27146

24  Simplified outline of this Part

      This Part sets out guidelines for the purposes of section 17 of the Act.
      During a period of national liquid fuel emergency, subsection 17(1) of the Act authorises the Minister to direct a relevant fuel industry corporation:
             (a) to maintain at all times after a specified day, at specified places in Australia, specified quantities of reserve supplies of a specified kind of liquid fuel; or
             (b) to accumulate, by a specified day, specified quantities of reserve supplies of a specified kind of liquid fuel and to maintain, at all times after that day, such quantities of reserve supplies of liquid fuel of that kind at specified places in Australia.
      A direction given under subsection 17(1) of the Act must be in accordance with these guidelines (as in force at the time the direction is given).