New South Wales Consolidated Acts

SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 21

21 Report of water inquiry

(1) The person or persons holding the water inquiry under this Part are to make a final report within 6 months or within such other time as is agreed between the State of New South Wales and the State of Victoria.

(2) The Minister is to make that final report public at the time it is submitted to the Minister.

(3) It is the duty of the Minister to use his or her best endeavours to determine the response of the State of New South Wales to that final report, and to reach an agreement with the State of Victoria on the outcomes of the inquiry, within 2 months after that final report is made or within such other period as is agreed between the Minister and a Minister of the State of Victoria.

(4) The agreement is to provide for:

(a) the initial release of water to the Snowy River for environmental reasons on the issue of the Snowy water licence, and

(b) the increased amount of such releases of water following the first review of the Snowy water licence under this Act that will not give the Company an entitlement to compensation under section 30.