Energy (Miscellaneous Provisions) Act 2012
|
Chapter 7 Amendment of National Oil Reserves Agency Act 2007 | ||
|
Amendment of National Oil Reserves Agency Act 2007. |
21.— (1) In this section— | |
“Act of 2007” means the National Oil Reserves Agency Act 2007 ; | ||
“Biofuels Act 2010” means section 3 of the Energy (Biofuel Obligation and Miscellaneous Provisions) Act 2010 . | ||
(2) Section 44I (inserted by the Biofuels Act 2010) of the Act of 2007 is amended— | ||
(a) in subsection (1), by substituting “60 days” for “35 days”, and | ||
(b) in subsection (3), by substituting “35 days” for “28 days”. | ||
(3) Section 44J (inserted by the Biofuels Act 2010) of the Act of 2007 is amended in subsection (2), by substituting “14 days” for “28 days”. | ||
(4) Section 44K (inserted by the Biofuels Act 2010) of the Act of 2007 is amended by inserting after subsection (2) the following: | ||
“(2A) In order to count biofuel obligation certificates against the discharge of a biofuel obligation for any obligated period, the notice of transfer for those certificates must be submitted to the Agency within 81 days after the end of the obligation period concerned.”. | ||
(5) Section 44M (inserted by the Biofuels Act 2010) of the Act of 2007 is amended in subsection (1), by inserting after paragraph (c) the following: | ||
“(ca) the biofuel obligation account holder fails to comply with Regulation 7(4) of the European Union (Biofuel Sustainability Criteria) Regulations 2012 ( S.I. No. 33 of 2012 ),”. | ||
(6) The following section is inserted after section 67 of the Act of 2007: | ||
“Contingency planning for an oil supply disruption. | ||
68.— (1) The Minister may prepare contingency plans to be implemented in the event of an oil supply disruption. | ||
(2) Each oil company and oil consumer shall assist and co-operate with the Minister, the Agency and relevant public bodies in the preparation of contingency plans for, and the response to, an oil supply disruption. | ||
(3) Each oil company and oil consumer shall, if so directed by the Minister, furnish to him or her and the Agency such information as he or she may require in respect of the preparation of contingency plans for, and response to, an oil supply disruption.”. |