Commonwealth Consolidated Acts Commonwealth Consolidated Acts(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.