New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE LACHLAN REGULATED RIVER WATER SOURCE 2003 - REG 46

46 Accounting of assigned water allocations and return flows

(1) Water allocations assigned from a water allocation account under Chapter 3 Part 2 Division 4 of the Act shall be debited from that water allocation account and water allocations assigned to a water allocation account under Chapter 3 Part 2 Division 4 of the Act shall be credited to that water allocation account.

(2) Water allocations assigned from the A sub-account of a regulated river (general security) access licence to another regulated river (general security) access licence shall be credited to the A sub-account of the receiving access licence.

(3) Water allocations assigned from the B sub-account of a regulated river (general security) access licence to another regulated river (general security) access licence shall be credited to the B sub-account of the receiving access licence.

(4) Water allocations assigned to a regulated river (general security) access licence from the account of an access licence of any category which is not permitted to carry over water allocation credits shall be credited to the A sub-account of the access licence.

(5) Water allocations may also be recredited to access licence water allocation accounts under section 76 of the Act, in accordance with water return flow rules established under section 75 of the Act.

(6) Unless otherwise specified in the water return flow rules established under section 75 of the Act, water allocations recredited to regulated river (general security) access licences under subclause 5 shall:

(a) be recredited to the A sub-account of the access licence where re-crediting occurs in the water year in which the allocations were used, or

(b) shall be recredited to the B sub-account of the access licence where re-crediting occurs in a water year subsequent to that in which the allocations were used.