19JReports—Potential intermediary market participants

19J Reports—Potential intermediary market participants

(1) For the purposes of section 11 of the Act: (a) a report must be given under that section if: (i) the covered activity of holding stocks of covered products that are MSO products is undertaken in Australia during the financial year beginning 1 July 2022; and (ii) the regulated entity undertaking the activity is not subject to the MSO in relation to the MSO product under the FS Act; and (iii) the site where the stocks are stored is capable of assisting entities to comply with the MSO through arrangements under section 23 or 24 of the FS Act, but has not done so during the financial year; and (b) the report must be given by the regulated entity that undertakes the activity; and (c) the report must be given to the Secretary within 21 days after the end of the financial year. (2) The report must include the following fuel information: (a) the entity’s total storage capacity, in megalitres, for each MSO product on 30 June 2023; (b) for each storage site owned, leased or used by the entity for MSO products on 30 June 2023: (i) the location of the site; and (ii) the storage capacity, in megalitres, for each MSO product stored at the site; and (iii) the nature of the ownership, lease or use by the entity; and (iv) whether the site operated at any time during the financial year ending 30 June 2023 on a basis that would have allowed others to store MSO products at the site; and (v) why the site has not stored stock for MSO entities under section 23 or 24 of the FS Act during the financial year.