Petroleum and Other Fuels Reporting Rules 2017
12Australian refineries and GLOWS facilities
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12 Australian refineries and GLOWS facilities
Australian refineries (1) A reference in this instrument to an Australian refinery is a reference to a refinery at which a covered product is or was refined in Australia by a regulated entity. (2) The following paragraphs apply in relation to an Australian refinery: (a) a covered product is input stock if covered products of that kind are an input into refining undertaken at the refinery; (b) a covered product is working stock if covered products of that kind are an output from an intermediary stage of refining undertaken at the refinery, but are further refined at a later stage; (c) a covered product is output stock if covered products of that kind are an output from refining undertaken at the refinery, but are not working stock. (3) Subsections (1) and (2), and item 7 of the table in subsection 16(1), do not apply to recycling or re‑refining GLOWS.
Note: As a result of subsection (3), if the recycling or re‑refining of GLOWS is undertaken at an Australian refinery, item 8 of the table in subsection 16(1) does not apply to holding stock of input into, or output from, the recycling or re‑refining of GLOWS. Instead, item 5 of the table in subsection 17(1) applies.
Australian GLOWS facilities (4) An Australian GLOWS facility is a refinery at which a GLOWS is recycled or re‑refined in Australia by a regulated entity. (5) The following paragraphs apply in relation to an Australian GLOWS facility: (a) a covered product is input stock if covered products of that kind are an input into recycling or re‑refining of GLOWS undertaken at the facility; (b) a covered product is working stock if covered products of that kind are an output from an intermediary stage of recycling or re‑refining of GLOWS undertaken at the facility, but are further recycled or re‑refined at a later stage; (c) a covered product is output stock if covered products of that kind are an output from recycling or re‑refining of GLOWS undertaken at the facility, but are not working stock.