New South Wales Consolidated Regulations

WATER SHARING PLAN FOR THE NORTH COAST FRACTURED AND POROUS ROCK GROUNDWATER SOURCES 2016 - REG 51

51 Assignment of water allocations dealings

(1) Dealings under section 71T of the Act within the same groundwater source are prohibited in these groundwater sources if the dealing involves an assignment of water allocation from an access licence with an extraction component that specifies the Alstonville Basalt Plateau (Bangalow-Wyrallah) Management Zone in the Alstonville Basalt Plateau Groundwater Source, to an access licence with an extraction component that specifies the Alstonville Basalt Plateau (Alstonville-Tuckean) Management Zone in the Alstonville Basalt Plateau Groundwater Source, if it would cause the sum of water allocations credited to the water allocation accounts of all access licences in the Alstonville Basalt Plateau (Alstonville-Tuckean) Management Zone, from available water determinations or dealings under section 71T of the Act in that water year, to exceed the sum of the share components of all access licences in the Alstonville Basalt Plateau (Alstonville-Tuckean) Management Zone at the commencement of this Plan.

(2) Dealings under section 71T of the Act between different groundwater sources are prohibited in these groundwater sources.