Document ID: chunk:federal_register_of_legislation:C2023A00111:clause:3_101jg
Version: federal_register_of_legislation:C2023A00111
Segment Type: clause
Provision Reference: sch 3 cl 101JG
Character Range: 119743–120263

101JG  Market manipulation
  A person must not take part in, or carry out (whether directly or indirectly) a trade or transfer of an eligible tradeable water right that has, or is likely to have, the effect of:
 (a) creating an artificial price for eligible tradeable water rights; or
 (b) maintaining at a level that is artificial (whether or not it was previously artificial) a price for eligible tradeable water rights.
Civil penalty:  For an individual—2,000 penalty units.
  For a body corporate—see section 101K.