New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE COOPERS CREEK WATER SOURCE 2003 - REG 60

60 Rules for water allocation assignments between water sources

(1) This clause relates to dealings under section 71T of the Act, in relation to water allocation assignments between water sources.

(2) Dealings under section 71T of the Act that result in water allocation assignments to or from access licences in this water source are prohibited unless provided for in this clause.

(3) Dealings that assign water allocations between access licences inside this water source and access licences outside this water source, but inside this Unit, are permitted only if the access licence dealing rules in the other water source permit such a dealing.

(4) Dealings that assign water allocations between access licences inside this water source, are permitted, subject to clause 55.

Note: Each water allocation assignment must be applied for. Licence holders may enter into private contracts to assign water allocations for a number of years. Such contracts are not guaranteed by the Government, and approval must be sought annually. Approval will be subject to the rules in this Plan, including local impact assessment.