New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE UPPER BILLABONG WATER SOURCE 2003 - REG 49

49 Granting of unassigned TDEL

(1) The unassigned TDEL in clause 47 may be assigned to access licences in the following circumstances:

(a) where they are granted as part of a new access licence,

(b) to a local water utility access licence where the Minister varies the access licence in accordance with sections 66 (3) or 66 (4) of the Act, or

(c) on application of the holder of an existing access licence with share components in this water source, provided A class daily individual extraction limits are surrendered and C class IDELs are granted on a 1:1.5 basis.

(2) Where additional IDELs are assigned to an access licence in accordance with this clause, the amount of IDEL so assigned shall be determined by the Minister consistent with the ratios of share component to IDEL for the specific category of access licence as initially assigned under clause 48, as amended by clause 50.