Document ID: chunk:federal_register_of_legislation:C2008A00139:schedule:1:p76
Version: federal_register_of_legislation:C2008A00139
Segment Type: schedule
Provision Reference: sch 1 (pt 76/128)
Character Range: 284012–286953

Authority declares a stage to be effective under clause 64 of the Agreement,

        the Authority must:

(c) attribute salinity credits arising from the Accountable Action to one or more Contracting Government, in accordance with clause 21; and

(d) enter the salinity credits on the relevant Register,

        in accordance with any relevant protocols made by the Authority under clause 40.

       (2) Subject to sub‑clause 16(3), when the Authority has estimated that salinity debits will arise from an Accountable Action, before any Contracting Government:

(a) commences to undertake the Accountable Action; or

(b) if the Accountable Action is to be undertaken in stages, commences to undertake any stage,

        the Authority must:

(c) attribute the prospective salinity debits arising from the Accountable Action or stage to one or more Contracting Governments in accordance with clause 21; and

(d) enter the salinity debits on the relevant Register,

        in accordance with any relevant protocols made by the Authority under clause 40.

       (3) Despite sub‑clauses 22(1) and 22(2), if an Accountable Action is a State Action:

(a) which is not required to be declared effective under clause 64 of the Agreement, the Authority must:

(i) attribute any salinity credits arising from that State Action at the time when the Authority considers that the Accountable Action is substantially complete; and
(ii) enter the salinity credits on the relevant Register; or

(b) which comprises one or more permanent transfers of an entitlement within the meaning of Schedule D of this Agreement, the Authority must attribute any salinity credits or salinity debits arising from that Accountable Action:

(i) in the case of the permanent transfer of one entitlement, at the time when the transfer occurs; or
(ii) in the case of the permanent transfer of more than one entitlement, in such proportions and at such times determined by the Authority,

in accordance with any relevant protocols made by the Authority under clause 40.

    23. Trading and Transfers between Registers

       (1) A Contracting Government may agree to assign any or all of the salinity credits or salinity debits attributed to that Government in Register A, to one or more of the other Contracting Governments.

       (2) When the parties to an agreement referred to in sub‑clause 23(1) inform the Authority in writing of that agreement and its effect, the Authority must:

(a) attribute salinity credits or salinity debits in accordance with the agreement; and

(b) amend Register A accordingly.

       (3) A Contracting Government, with the prior written approval of the Authority, may agree to assign any or all of the salinity credits or salinity debits attributed to that Government in Register B, to one or more of the other Contracting Governments.

       (4) The Authority must:

(a) attribute salinity credits and salinity