New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE LOWER MURRUMBIDGEE GROUNDWATER SOURCES 2003 - REG 48

48 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 these groundwater sources are prohibited.

(3) Dealings that assign water allocations between an access licence in one of these groundwater sources and an access licence in another of these groundwater sources may be permitted only if:

(a) the total water allocations credited to all access licences in the groundwater source to which the water allocation is assigned remain below the extraction limit of that groundwater source established in clause 27, and

(b) the assignment would not result in the total extraction of credited water allocations through nominated works in an area, plus basic landholder rights extraction, causing any adverse local impact in accordance with Part 10 Division 3 of this Plan,

(c) the assignment is not from or to a supplementary water access licence.

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.