Document ID: chunk:federal_register_of_legislation:F2024C00760:reg:24:p7
Version: federal_register_of_legislation:F2024C00760
Segment Type: reg
Provision Reference: reg 24 (pt 7/36)
Character Range: 326393–329381

of a water delivery right reasonably required to irrigate a person's property for both current and expected future water use;
            (g) the net costs to the irrigation infrastructure operator of assessing and giving effect to the trade of a water delivery right;
            (h) the provision of reasonable security to the irrigation infrastructure operator for the payment of fees or charges for access to the operator's irrigation network by the person acquiring the water delivery right;
            (i) whether the proposed trade would result in the water delivery right being held by a person who does not own or occupy land in the area serviced by the irrigation infrastructure operator.
(2) In this section:
reconfiguration or decommissioning work means activities whereby irrigation networks are closed, rationalised, or otherwise changed, in order to change their capacity or efficiency.

12.30 Irrigation infrastructure operator must give reasons for restricting trade of water delivery right
(1) If an irrigation infrastructure operator decides to restrict the trade of a water delivery right within its irrigation network, it must notify each party to the trade in writing of the decision and the reasons for the decision.
Note: See section 25D of the Acts Interpretation Act 1901 for content required in a statement of reasons.
(2) The notification must be given as soon as practicable, but in any case within 30 days, after the decision is made.

        Part 3—Information about water delivery rights and irrigation rights

        Division 1—General

12.31 Object of this Part
The object of this Part is to facilitate the trade of water delivery rights and irrigation rights by making information about the rights available to the holders of those rights.

        Division 2—Water delivery rights to be specified by irrigation infrastructure operators
Note:  See section 4 of the Act for the meaning of irrigation infrastructure operator.

12.32 Obligation on irrigation infrastructure operator to specify water delivery rights and give notice
(1) An irrigation infrastructure operator must, for each person holding a water delivery right against it, decide:
            (a) the volume or unit share of the person's water delivery right; and
            (b) the units applicable to the water delivery right; and
            (c) if the water delivery right relates to a specific part of the irrigation infrastructure operator's irrigation network—the part of the irrigation network to which the water delivery right relates.
Note: The units applicable to the water delivery right may be expressed, for example, as megalitres (ML), ML/time, percentage or fraction of available capacity.
(2) The irrigation infrastructure operator must notify the person in writing of:
            (a) the decision and the reasons for the decision; and
Note: See section 25D of the Acts Interpretation Act 1901 for content required in a statement of reasons.
            (b) the terms