Commonwealth Numbered Acts

WATER ACT 2007 (NO. 137, 2007) - SECT 74

             (1)  This section provides a simplified outline of this Subdivision.

             (2)  When the long‑term average sustainable diversion limit for the water resources of a water resource plan area (or for a particular part of those water resources) is reduced, the Basin Plan identifies the Commonwealth's share (if any) of the reduction.

Note 1:       The Commonwealth's share includes reductions attributable to changes in Commonwealth Government policy and, for reductions that occur on or after 1 January 2015, may also include some part of reductions attributable to improvements in knowledge about the environmentally sustainable level of take for the water resources of a water resource plan area.

Note 2:       See section 75.

             (3)  The Commonwealth:

                     (a)  endeavours to manage the impact of the Commonwealth's share of the reduction on the holders of water access entitlements; and

                     (b)  may take steps to ensure that the holders of water access entitlements do not suffer a reduction in their water allocations as a result of the Commonwealth's share of the reduction.

Note:          See section 76.

             (4)  If, despite the Commonwealth's efforts, the water allocation of a holder of a water access entitlement is reduced and the reduction is reasonably attributable to the Commonwealth's share of the reduction in the long‑term average sustainable diversion limit, the holder may be entitled to a payment under section 77.