# The Oil Stocking Order 2012, Article 3: United Kingdom stocks


(1) A stock is P's United Kingdom stock where—
(a) the stock is an eligible stock;
(b) the requirements in article 5 are satisfied in respect of the stock;
(c) the stock is held—
(i) by P in the United Kingdom;
(ii) by P in accordance with an international storage arrangement which has been authorised by the Secretary of State; or
(iii) by a person other than P in accordance with a United Kingdom ticket arrangement, a CSE ticket arrangement or an international ticket arrangement which has been authorised by the Secretary of State;
(d) the stock is available to, and physically accessible by, P at all times; and
(e) the stock is not the United Kingdom stock of any other person.
(2) A biofuel or additive which is not blended with an eligible stock is P's United Kingdom stock where—
(a) the requirements in articles 5 and 6 are satisfied in respect of the biofuel or additive;
(b) the biofuel or additive is held—
(i) by P in the United Kingdom; or
(ii) by a person other than P in accordance with a United Kingdom ticket arrangement which has been authorised by the Secretary of State;
(c) the biofuel or additive is available to, and physically accessible by, P at all times; and
(d) the biofuel or additive is not the United Kingdom stock of any other person.

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Source: https://www.legislation.gov.uk/uksi/2012/2862/article/3 (the official version)
Page: https://openlegislation.uk/oil-stocking-order-2012/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.