1Fuel Security (Temporary Reduction—Securing Regional Supply) Instrument 2026

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Commonwealth Coat of Arms of Australia

 

Fuel Security (Temporary Reduction—Securing Regional Supply) Instrument 2026

I, Chris Bowen, Minister for Climate Change and Energy, make the following instrument.

Dated 16 March 2026   

Chris Bowen

Minister for Climate Change and Energy

 

1  Name

2  Commencement

3  Authority

4  Definitions

5  Minimum stocks of diesel and gasoline to be reduced

6  Written plan on regional supplies etc

7  Repeal

 

1  Name

  This instrument is the Fuel Security (Temporary Reduction—Securing Regional Supply) Instrument 2026.

2  Commencement

  This instrument commences on the day after it is registered.

3  Authority

  This instrument is made under section 16A of the Fuel Security Act 2021.

4  Definitions

Note: A number of expressions used in this instrument are defined in section 5 of the Act, including the following:

(a) MSO product;

(b) obligation day;

(c) subject to the minimum stockholding obligation.

  In this instrument:

Act means the Fuel Security Act 2021.

distributing entity: see subsection 6(2).

reduction period: see subsection 6(2).

5  Minimum stocks of diesel and gasoline to be reduced

 (1) This section applies to an entity if:

 (a) the entity is subject to the minimum stockholding obligation in relation to an MSO product; and

 (b) the MSO product is diesel or gasoline; and

 (c) the entity has given the Secretary a written plan in accordance with section 6.

 (2) The quantity of stocks of the MSO product that the entity must hold (the minimum quantity) on an obligation day specified in subsection (3) is reduced by 20% if:

 (a) the Secretary has given written notice to the entity stating the minimum quantity in megalitres as reduced under this subsection; and

 (b) the entity is taking all reasonable steps to carry out the plan.

 (3) For the purposes of subsection (2), this subsection specifies each obligation day that occurs in the period: