Access Licence Dealing Principles (Macquarie and Cudgegong Regulated Rivers Water Sources) Order 2018 (NSW)

Access Licence Dealing Principles (Macquarie and Cudgegong

Regulated Rivers Water Sources) Order 2018

under the

Water Management Act 2000

I, Rachel Connell, by delegation from the Minister for Regional Water, in pursuance of section 71Z of the Water Management Act 2000, make the following Order.

Dated 10 September 2018

RACHEL CONNELL
Executive Director, Water
Department of Industry

By delegation

Explanatory note

This Order imposes a prohibition on certain assignments of water allocations in the Macquarie and
Cudgegong Regulated Rivers Water Sources.

The effect of this Order, together with the Temporary Water Restriction (Macquarie and Cudgegong Regulated Rivers Water Sources) Order (No 2) 2018, is that only 70% of the water in a water allocation account of a Macquarie regulated river (general security) access licence as at 1 July 2018 is available for take or trade.

Access Licence Dealing Principles (Macquarie and Cudgegong Regulated Rivers Water

Sources) Order 2018

under the

Water Management Act 2000

1              Name of Order

This Order is the Access Licence Dealing Principles (Macquarie and Cudgegong Regulated Rivers
Water Sources) Order 2018.

2              Commencement

This Order commences on the day on which it is published on the NSW legislation website and ceases to have effect on the expiry or repeal of the Section 324 Order.

3              Dealing prohibition

(a)	Any dealing under section 71T of the Act to assign water allocations from a Macquarie regulated river (general security) access licence is prohibited, unless the taking of the water by the assignor is permitted pursuant to the Section 324 Order.
(b)	For the avoidance of doubt, this Order prevails to the extent of any inconsistency with the Access Licence Dealing Principles Order 2004 or the access licence dealing rules.
4	Interpretation

In this Order:

(a)	unless otherwise defined, words and expressions that are defined in the Water Management Act 2000 or in regulations made under that Act have the same meaning in this Order, and
(b)	Macquarie regulated river (general security) access licence means a regulated river (general security) access licence with an extraction component that permits the taking of water downstream of Burrendong Dam water storage within the Macquarie and Cudgegong Regulated Rivers Water Source as described in the Water Sharing Plan for the Macquarie and Cudgegong Regulated Rivers Water Sources 2016, and
(c)	Section 324 Order means the Temporary Water Restriction (Macquarie and Cudgegong Regulated Rivers Water Sources) Order (No 2) 2018 made under the Act on the same date as this Order.