Statutory Instruments
CONTROL OF FUEL AND ELECTRICITY
Made
28th June 1983
Laid before Parliament
30th June 1983
Coming into Operation
1st January 1984
The Secretary of State, in exercise of the powers conferred on him by section 6(6)(a) of the Energy Act 1976 and of all other powers enabling him in that behalf, hereby orders as follows:-
1. This Order may be cited as the Petroleum Stocks (Amendment) Order 1983 and shall come into operation on 1st January 1984.
2. In Article 3(1) of the Petroleum Stocks Order 1976(1), for the words "100,000" there shall be substituted the words "50,000".
Alick Buchanan-Smith
Minister of State
Department of Energy
28th June 1983
Article 3(1) of the Petroleum Stocks Order 1976 prescribes the circumstances in which a person is to be treated as a substantial supplier to the United Kingdom market for the purposes of section 6(2)(b) of the Energy Act 1976 which empowers the Secretary of State, in the case of any such person, to direct him to create stocks of crude liquid petroleum or petroleum products and to make arrangements enabling such stocks to be brought to and thereafter maintained at a level specified in the direction.
This Order amends Article 3(1) of the 1976 Order by providing that a person is to be treated as a substantial supplier to the United Kingdom market if he has during the period specified in Article 3(1) supplied, in the circumstances there referred to, a total quantity of petroleum products which, with the total quantity of petroleum products used in that period by him or his associated companies as finished products, exceeds 50,000 tonnes instead of 100,000 tonnes.
to which there are amendments not relevant to this Order.