New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE LOWER MURRUMBIDGEE GROUNDWATER SOURCES 2003 - REG 25D

25D Share components of supplementary water access licences

(1) Those Water Act 1912 entitlements that are to be converted to an aquifer access licence in the Deep Groundwater Source under clause 25C (3) may also receive a supplementary water access licence.

(2) The share component of a supplementary water access licence converted under subclause (1) will established in accordance with the following formula:

(3) It is estimated that at the time of commencement of this Plan the share components of supplementary water access licences established under subclause (1) for the Deep Groundwater Source will total 39,800 unit shares.

Note: Not all aquifer access licences amended under clause 25C (3) will receive a supplementary water access licences. Only those licences who have a HOE as defined in subclauses 25C (6), (7) and (8) which is greater than their new Aquifer Access Licence Share component.