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Article 4 Counting of stocks of a kind not subject to directions

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where any direction given under section 6 of the Energy Act 1976 to any person specifies stocks of petroleum products but not stocks of crude liquid petroleum, his United Kingdom stocks of crude liquid petroleum are to count towards compliance with the direction as if they were stocks of the same quantity by weight of the petroleum products to the extent that the amount so counted does not exceed 88 per cent of those stocks of crude liquid petroleum.