New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE MURRUMBIDGEE REGULATED RIVER WATER SOURCE 2003 - REG 48

48 Account forfeits/limits/carryover

(1) Water allocations remaining in the water allocation accounts of domestic and stock access licences, local water utility access licences, regulated river (high security) access licences, and supplementary water access licences cannot be carried over from one water year to the next.

(2) The following rules shall apply to the management of water allocations in the water allocation accounts of regulated river (general security) access licences:

(a) the maximum volume of water allocation that may be carried over in the water allocation account from one water year to the next shall be equal to 0.3 megalitres multiplied by the number of unit shares specified in the share component,

(b) the maximum volume that may be credited to an account in any water year from available water determinations shall be equivalent to the maximum sum of available water determinations permitted under clause 39 (4) multiplied by the number of unit shares specified in the share component, minus the volume of water that was carried over in the account from the previous water year, and

(c) when the sum of available water determinations to regulated river (general security) access licenses is equivalent to or less than 0.7 megalitres per unit share, and access to water by supplementary water access licences is permitted under clause 51 then water extracted by regulated river (general security) access licences will not be debited against their water allocation account in accordance with clause 39 (6).

(3) The following rules shall apply to the management of water allocations in the water allocation accounts of Murrumbidgee Irrigation (conveyance) access licences and Coleambally Irrigation (conveyance) access licences:

(a) the maximum volume of water allocation that may be carried over in the water allocation account from one water year to the next shall be equal to 0.3 megalitres multiplied by the number of unit shares specified in the share component, and

(b) the maximum volume that may be credited to an account in any water year from available water determinations shall be the maximum total volume of available water determination permitted under clause 40, in relation to Murrumbidgee Irrigation (conveyance) access licences and clause 41, in relation to Coleambally Irrigation (conveyance) access licences, minus the volume of water that was carried over in the account from the previous water year.

(4) The Minister may, under section 45 (1) (b) of the Act and by notice published in the Gazette, increase the maximum carryover percentage specified in subclause (2) (a) and (3) up to a maximum of 0.5 megalitres per unit share and or apply different maximum carryover figures for regulated river (general security) access licence water accounts based on different zones within this water source, following the completion of a review of the possible impact associated with such changes.

(5) The review under subclause (4) should be undertaken within the first three years of this Plan.