Fuel Security Act 2021

Here is the "Summary" part of the format:

The Fuel Security Act 2021 aims to improve fuel security and confidence in Australia's fuel supplies. The Act requires entities that undertake certain activities related to MSO products to hold minimum quantities of stocks of those fuels. Refiners of certain fuels may be entitled to a quarterly payment called fuel security services payment, which is contingent on the refinery ceasing refining FSSP fuels before the end of a specified period. The Act also establishes enforcement mechanisms, including civil penalties and injunctions, for entities that fail to meet the minimum stockholding obligation.