WATER ACT 2007 - SECT 86AE Commonwealth environmental water holdings

WATER ACT 2007 - SECT 86AE

  (1)   To avoid doubt, water access rights acquired by the Commonwealth with amounts debited from the Water for the Environment Special Account form part of the Commonwealth environmental water holdings (see section   108).

Note:   The Commonwealth Environmental Water Holder must (subject to subsection   (2) of this section) dispose or otherwise deal with Commonwealth environmental water holdings in accordance with sections   105 and 106.

  (2)   Paragraphs 105(3)(b) and (4)(b), subparagraphs   106(3)(c)(ii) and (iii), and subsection   105(5), do not apply in relation to any water access right that forms part of the Commonwealth environmental water holdings if the water access right was acquired by the Commonwealth with amounts debited from the Water for the Environment Special Account.