15Holding stock—entity that stores covered product disregarded if another entity holds contractual right to take possession

15 Holding stock—entity that stores covered product disregarded if another entity holds contractual right to take possession

This Division does not apply to a regulated entity holding stock of a covered product by keeping a covered product in storage (as mentioned in paragraph (a) of the definition of holding stock in subsection 5(1) of the Act) if another regulated entity holds a contractual right to take possession of the covered product (as mentioned in paragraph (b) of that definition) in a circumstance prescribed by section 7 of this instrument.