New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE NSW BORDER RIVERS REGULATED RIVER WATER SOURCE 2009 - REG 42

42 Carrying over of water allocation credits, water allocation account limits and debits for excess losses

(1) The following rules shall apply to the management of water allocations in the water allocation accounts of domestic and stock access licences, local water utility access licences and regulated river (high security) access licences in this water source:

(a) the maximum volume that may be held in the water allocation account of domestic and stock or local water utility access licences at any time shall be equal to 100% of the access licence share component,

(b) the maximum volume that may be held in the water allocation account of regulated river (high security) access licences at any time shall be equal to:

(i) 1 megalitre multiplied by the number of unit shares specified in the access licence share component,

(ii) plus any water allocations assigned from another access licence in that water year,

(iii) minus any water allocations assigned to another access licence in that water year, and

(c) any water allocations remaining in the water allocation account 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-A class) access licences and regulated river (general security-B class) access licences:

(a) any water allocation remaining in the water allocation account may be carried over from one water year to the next, and

(b) the maximum volume that may be held in the water allocation account at any time shall be equal to:

(i) 1 megalitre per unit share specified in their access licence share component,

(ii) plus any water allocations assigned from another access licence in that water year,

(iii) minus any water allocations assigned to another access licence in that water year.

(3) The following rules shall apply to the management of water allocations in the water allocation accounts of supplementary water access licences:

(a) any water allocations remaining in the water allocation account of supplementary water access licences cannot be carried over from one water year to the next, and

(b) the maximum volume that may be held in the water allocation account at any time shall be equal to:

(i) 1 megalitre per unit share specified in their access licence share component,

(ii) plus any water allocations assigned from another access licence in that water year,

(iii) minus any water allocations assigned to another access licence in that water year.