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Fuel Security Act 2021
31Notice of intention to cease all MSO activities in relation to MSO product
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31 Notice of intention to cease all MSO activities in relation to MSO product
(1) An entity that is subject to the minimum stockholding obligation in relation to an MSO product must give the Secretary written notice in accordance with subsection (2) if the entity intends to permanently or indefinitely cease undertaking all MSO activities in relation to the MSO product.
Civil penalty: 50 penalty units.
(2) The notice must meet any requirements, and include any information, prescribed by the rules.
Note: The Secretary may require further information in relation to the notice (see section 78).