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This is a Bill, not an Act. For current law, see the Acts databases.


WATER MANAGEMENT AMENDMENT (WATER PROPERTY RIGHTS COMPENSATION) BILL 2006





                             New South Wales




Water Management Amendment (Water
Property Rights Compensation)
Bill 2006


Contents

                                                                          Page
                 1   Name of Act                                             2
                 2   Commencement                                            2
                 3   Amendment of Water Management Act 2000 No 92            2
                 4   Amendment of Land Acquisition (Just Terms
                     Compensation) Act 1991 No 22                            2
     Schedule 1      Amendment of Water Management Act 2000                  3
     Schedule 2      Amendment of Land Acquisition (Just Terms
                     Compensation) Act 1991                                  4




b04-703-33.p01

 


 

 

New South Wales Water Management Amendment (Water Property Rights Compensation) Bill 2006 No , 2006 A Bill for An Act to amend the Water Management Act 2000 to provide for compensation under the Land Acquisition (Just Terms Compensation) Act 1991 for the compulsory acquisition of water access licences and for the reduction in water allocations for the holders of those licences as a consequence of certain variations of bulk access regimes; and for related purposes.

 


 

Water Management Amendment (Water Property Rights Compensation) Clause 1 Bill 2006 The Legislature of New South Wales enacts: 1 1 Name of Act 2 This Act is the Water Management Amendment (Water Property Rights 3 Compensation) Act 2006. 4 2 Commencement 5 This Act commences on the date of assent to this Act. 6 3 Amendment of Water Management Act 2000 No 92 7 The Water Management Act 2000 is amended as set out in Schedule 1. 8 4 Amendment of Land Acquisition (Just Terms Compensation) Act 1991 9 No 22 10 The Land Acquisition (Just Terms Compensation) Act 1991 is amended 11 as set out in Schedule 2. 12 Page 2

 


 

Water Management Amendment (Water Property Rights Compensation) Bill 2006 Amendment of Water Management Act 2000 Schedule 1 Schedule 1 Amendment of Water Management Act 1 2000 2 (Section 3) 3 [1] Section 79 Compulsory acquisition of access licences 4 Omit "from the State for the market value of the licence as at the time it was 5 compulsorily acquired" from section 79 (2). 6 Insert instead "under the Land Acquisition (Just Terms Compensation) Act 7 1991". 8 [2] Section 79 (3)­(5) and (7) 9 Omit the subsections. 10 [3] Section 87 Compensation payable in certain circumstances for 11 reductions in water allocations arising during initial period for which 12 management plan is in force 13 Omit "may claim compensation for loss suffered by the holder as a 14 consequence of that reduction" from section 87 (1). 15 Insert instead "is entitled, under the Land Acquisition (Just Terms 16 Compensation) Act 1991, to compensation for loss suffered by the holder as a 17 consequence of that reduction". 18 [4] Section 87 (3)­(7) 19 Omit the subsections. 20 Page 3

 


 

Water Management Amendment (Water Property Rights Compensation) Bill 2006 Schedule 2 Amendment of Land Acquisition (Just Terms Compensation) Act 1991 Schedule 2 Amendment of Land Acquisition (Just 1 Terms Compensation) Act 1991 2 (Section 4) 3 [1] Section 4 Definitions 4 Insert at the end of paragraph (c) in the definition of registered interest in 5 section 4 (1): 6 , or 7 (d) referred to in subsection (6) (a). 8 [2] Section 4 (6) 9 Insert after section 4 (5): 10 (6) For the purposes of this Act: 11 (a) an interest in land includes an access licence registered 12 under the Water Management Act 2000, and 13 (b) a variation of a bulk access regime for which 14 compensation is payable under section 87 of that Act is 15 taken to be a compulsory acquisition of an interest in land. 16 Page 4

 


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