New South Wales Consolidated Regulations
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WATER SHARING PLAN FOR THE ADELONG CREEK WATER SOURCE 2003 - REG 57
Rules for conversion of access licence category
57 Rules for conversion of access licence category
(1) This clause relates to dealings under section 71O of the Act.
(2)
Conversion of an access licence of one category to an access licence of
another category may be permitted only if: (a) the conversion is from an
unregulated river access licence to a runoff harvesting access licence,
(b)
the conversion is from a runoff harvesting access licence to an unregulated
river access licence,
(c) the conversion is from a regulated river access
licence to an unregulated river access licence, or Note: This will occur
directly following a dealing under section 71R that changes the water source
to which the access licence applies.
(d) the conversion is from an
unregulated river access licence to a major water utility access licence, or
vice versa.
(3) The volume of share component on an access licence issued
under this clause is to be the volume of the cancelled share component
multiplied by a conversion factor established by the Minister, and published
in an order made under section 71Z of the Act, that protects environmental
water, basic landholder rights, and the reliability of supply to all other
access licences subject to this Plan.
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