WATER ACT 2000 - SECT 986
Particular reductions in allocation’s value
WATER ACT 2000 - SECT 986
Particular reductions in allocation’s value
986 Particular reductions in allocation’s value
(1) An owner of a water allocation is entitled to be paid reasonable
compensation by the State if a change, while the water plan relating to the
allocation is in force, reduces the value of the allocation.
(2) This section
does not apply to the owner of a water allocation for a change that reduces
the value of the allocation if section 986A(1) (a) applies, unless no
compensation is payable under section 986G(3) for the change.