New South Wales Consolidated Acts

WATER MANAGEMENT ACT 2000 - SECT 65

65 Controlled allocation of access licences

(1) The Minister may, by order published in the Gazette, declare that the right to apply for an access licence for a specified water management area or water source is to be acquired by auction, tender or other means specified in the order.

(2) An order under this section--

(a) may relate to one or more particular access licences, or a particular class of access licences or all access licences, for a specified water management area or water source (or part of such an area or source), and

(b) may specify a limited period for which such an access licence is to have effect, and

(c) may set a minimum price for the acquisition of the right to apply for the access licence or licences concerned, and

(d) may set a fee for participation in the auction, tender or other means specified by the order with respect to the access licence or licences concerned.

(3) For the avoidance of doubt, the Independent Pricing and Regulatory Tribunal does not have jurisdiction under the Independent Pricing and Regulatory Tribunal Act 1992 to investigate or determine minimum prices for the purposes of this section.