Document ID: chunk:federal_register_of_legislation:C2004A01133:schedule:2:p3
Version: federal_register_of_legislation:C2004A01133
Segment Type: schedule
Provision Reference: sch 2 (pt 3/15)
Character Range: 10145–13398

in the                             manner set out in Schedule G.".

           (14)                                      The Agreement is amended by inserting after Schedule F the following new Schedule—

    SCHEDULE G

    EFFECT OF SNOWY SCHEME

    PART I:  PRELIMINARY

      1.                Purpose

      The purpose of this Schedule is to make arrangements for sharing between New South Wales, South Australia and Victoria of water made available in the catchment of River Murray above Hume Dam by the Snowy Scheme.

      2.                Definitions

      In this Schedule:

            (1) "Baseline Conditions" means:

             (a)       the infrastructure supplying water;

             (b)       the rules for allocating water and for water management systems applying;

             (c)       the operating efficiency of water management systems; and

             (d)       existing entitlements to take and use water and the extent to which those entitlements were used,

            within the Murray‑Darling Basin as at the Corporatisation Date;

            (2) "Corporatisation Date" means the date on which the Snowy Mountains Hydro‑electric Power Act 1949 (Cth) is repealed by the Snowy Hydro Corporatisation Act 1997 (Cth);

            (3) "Environmental Entitlement" means:

             (a)       a category of environmental water referred to in section 8 of the Water Management Act 2000 (NSW); and

             (b)       a bulk entitlement granted under the Water Act 1989 (Vic) that includes conditions relating to environmental purposes;

            in both cases comprising a volume of water derived from either or both of Water Savings and Water Entitlements;

            (4) "Goulburn River System" means the Broken, Goulburn, Campaspe and Loddon Rivers and the water supply systems supplied by those rivers;

            (5) "Licensee" means the licensee under the Snowy Water Licence;

            (6) "Long Term Diversion Cap" means the long term diversion cap for the State of New South Wales or the State of Victoria under clauses 4 and 5 respectively of Schedule F;

            (7) "Lower Darling River System" means the Darling River and its anabranch system from the upstream extent of the Menindee Lakes Storage and downstream and the water supply systems supplied by that River;

            (8) "Month" means calendar month and "Monthly" means each calendar month;

            (9) "Mowamba Borrowings Account" means the water account to be maintained by the Licensee under the Snowy Water Licence to account for flows made under the Snowy Water Licence from the Mowamba River and Cobbon Creek in the first three years after the Corporatisation Date;

         (10)  "Murrumbidgee River System" means the Murrumbidgee River and the water supply systems supplied by that river;

         (11)  "Relaxation Volume" has the same meaning as in the Snowy Water Licence as at the Corporatisation Date;

         (12)  "Reliability" with respect to a supply of water means the statistical probability of being able to supply a particular volume in any Water Year;

         (13)  "Required Annual Release" has the same meaning as in the Snowy Water Licence taken as a whole as at the Corporatisation