Description: A short description of the legislation.

The objects of this Act are the following:

(a) to improve security and confidence in Australia’s fuel supplies;

(b) to support sovereign capability to maintain fuel supplies;

© to contribute to meeting Australia’s obligations under the International Energy Agreement;

(d) to assist in preventing disruptions in fuel supplies.

(2) The objects are to be achieved by:

(a) requiring the holding of minimum quantities of stocks of certain fuels in Australia; and

(b) making payments for production of refined fuels to support the contribution made by refineries in Australia to the security of Australia’s fuel supplies.

Application to Australian agriculture: Where the legislation is applicable.

Australian farmers and agricultural supply chains are reliant on fuel as critical input the production and supply of food and fibre. Australian farmers require fuel security to allow them to make on-farm decisions and investments.

Source documents: Links to the legislation documents.

• https://www.legislation.gov.au/C2021A00065/2021-09-01/2021-09-01/text/original/pdf