Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Inspector - General may, by legislative instrument, issue standards relating to:
(a) measuring water taken from Basin water resources in water resource plan areas; and
(b) the collection, storage, transmission and online publication of Basin water market data and related information by providers of water trade services.
Note: Examples of water trade services are advisory services, information services, matching services, clearing services, settlement services and registration services.
(2) In performing its obligations in relation to the management
of Basin water resources, an agency of the Commonwealth or an agency of a
Basin State must have regard to the standards (if any) issued under subsection
(1).