27. Determination of assumption or division of MSR

The Director‑General, Food Security may make a determination that he or she is satisfied that an entity’s (called the divesting entity’s) minimum stockholding requirement in relation to an MSR product is being assumed by, or divided with, another entity or entities (called the receiving entity or entities).

The Director‑General, Food Security may make the determination on the application of a divesting entity or receiving entity or on the Director‑General, Food Security’s own initiative.

The determination must specify the effect the determination is to have on trigger notices in force under section 23, including whether a trigger notice is taken to have been given to one or more receiving entities by the determination or that a trigger notice is taken to specify a different quantity or average quantity.