New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE TOMAGO TOMAREE STOCKTON GROUNDWATER SOURCES 2003 - REG 33

33 Annual accounting for water extraction

(1) Water taken from these groundwater sources will be accounted for at least annually.

(2) Water taken by an approved water supply work (bore) nominated by an access licence is taken to be extracted and will be periodically debited against the access licence water allocation account.

(3) A water accounting year shall be the 12 month period commencing 1 July.

(4) In any one water accounting year, subject to local impact management restrictions arising from Part 10, Division 3 of this Plan, water taken from any one of these groundwater sources under an aquifer access licence may not exceed a volume consisting of:

(a) 120% of the access licence share component,

(b) plus any water allocations assigned from another licence under section 71T of the Act in that year, and

(c) minus any water allocations assigned to another licence under section 71T of the Act in that year.

(5) Total water in any aquifer access licence account at any time may not exceed a volume consisting of:

(a) 120% of the access licence share component,

(b) plus any water allocations assigned from another licence under section 71T of the Act in that year, and

(c) minus any water allocations assigned to another licence under section 71T of the Act in that year.

(6) A maximum of 20% of any aquifer access licence share component may be carried forward in a water allocation account from one water allocation accounting year to the next.

(7) A water allocation account shall remain at or above zero at all times.

(8) Subclauses (4), (5) and (6) do not apply to major utility access licences.

(9) The preceding subclauses do not apply to major utility access licences.

(10) The water allocation account management rules for major utility access licences are set out in Schedule 6.