Food Safety and Security Act 2025 · s 22

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)

—(1) An entity is subject to a minimum stockholding requirement in relation to an MSR product if —(a)the minimum stockholding requirement has been triggered for the entity in relation to the MSR product because of section 23; and(b)the entity has not ceased to be subject to the minimum stockholding requirement in relation to the MSR product because of section 24.(2) An entity is also subject to a minimum stockholding requirement in relation to an MSR product if —(a)a determination is made under section 27 that —(i)the entity has assumed another entity’s minimum stockholding requirement in relation to the MSR product; or(ii)another entity’s minimum stockholding requirement in relation to the MSR product has been divided with the entity; and(b)the entity has not ceased to be subject to the minimum stockholding requirement in relation to the MSR product because of section 24.
An entity is subject to a minimum stockholding requirement in relation to an MSR product if —(a)the minimum stockholding requirement has been triggered for the entity in relation to the MSR product because of section 23; and(b)the entity has not ceased to be subject to the minimum stockholding requirement in relation to the MSR product because of section 24.
An entity is also subject to a minimum stockholding requirement in relation to an MSR product if —(a)a determination is made under section 27 that —(i)the entity has assumed another entity’s minimum stockholding requirement in relation to the MSR product; or(ii)another entity’s minimum stockholding requirement in relation to the MSR product has been divided with the entity; and(b)the entity has not ceased to be subject to the minimum stockholding requirement in relation to the MSR product because of section 24.

Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 22Entity subject to MSR

(1)

An entity is subject to a minimum stockholding requirement in relation to an MSR product if —

(a)

the minimum stockholding requirement has been triggered for the entity in relation to the MSR product because of section 23; and

(b)

the entity has not ceased to be subject to the minimum stockholding requirement in relation to the MSR product because of section 24.

(2)

An entity is also subject to a minimum stockholding requirement in relation to an MSR product if —

(a)

a determination is made under section 27 that —

(i)

the entity has assumed another entity’s minimum stockholding requirement in relation to the MSR product; or

(ii)

another entity’s minimum stockholding requirement in relation to the MSR product has been divided with the entity; and

(b)

the entity has not ceased to be subject to the minimum stockholding requirement in relation to the MSR product because of section 24.