12AMeaning of critical liquid fuel asset

#### 12A Meaning of critical liquid fuel asset (1) An asset is a critical liquid fuel asset if it is any of the following: (a) a liquid fuel refinery that is critical to ensuring the security and reliability of a liquid fuel market, in accordance with subsection (2); (b) a liquid fuel pipeline that is critical to ensuring the security and reliability of a liquid fuel market, in accordance with subsection (3); (c) a liquid fuel storage facility that is critical to ensuring the security and reliability of a liquid fuel market, in accordance with subsection (4). > Note: The rules may prescribe that a specified critical liquid fuel asset is not a critical infrastructure asset (see section 9). (2) For the purposes of paragraph (1)(a), the rules may prescribe: (a) specified liquid fuel refineries that are critical to ensuring the security and reliability of a liquid fuel market; or (b) requirements for a liquid fuel refinery to be critical to ensuring the security and reliability of a liquid fuel market. (3) For the purposes of paragraph (1)(b), the rules may prescribe: (a) specified liquid fuel pipelines that are critical to ensuring the security and reliability of a liquid fuel market; or (b) requirements for a liquid fuel pipeline to be critical to ensuring the security and reliability of a liquid fuel market. (4) For the purposes of paragraph (1)(c), the rules may prescribe: (a) specified liquid fuel storage facilities that are critical to ensuring the security and reliability of a liquid fuel market; or (b) requirements for a liquid fuel storage facility to be critical to ensuring the security and reliability of a liquid fuel market.