New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE LOWER LACHLAN GROUNDWATER SOURCE 2003 - REG 49

49 Rules for water allocation assignments between water sources

(1) This clause relates to dealings under section 71T of the Act.

(2) Dealings that assign water allocations between access licences in other water sources and access licences in this groundwater source are prohibited.

Note: Each water allocation assignment must be applied for. Access 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.