WATER ACT 2000 - SECT 986C
Designated plans and replacements
WATER ACT 2000 - SECT 986C
Designated plans and replacements
986C Designated plans and replacements
(1) This section applies if the water access entitlement is regulated under a
designated plan or a replacement of a designated plan.
(2) No compensation is
payable for a relevant reduction of 3% or less.
(3) Compensation is payable
for a relevant reduction of more than 3% over the 10-year period starting on
the end of the period for which the first water plan relating to the area for
which the water access entitlement applies was in force.
(4) However, only
one-third of the compensation payable for a relevant reduction of more than
3%, but not more than 6%, over the 10-year period is payable.
(5) Also, only
one-half of the compensation payable for a relevant reduction of more than 6%
over the 10-year period is payable.