Document ID: chunk:federal_register_of_legislation:F2010L02475:body:0:p1
Version: federal_register_of_legislation:F2010L02475
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Murray-Darling Basin Agreement (Schedule D — Adjusting Valley Accounts and State Transfer Accounts) Protocol 20101

The MURRAY-DARLING BASIN AUTHORITY, in consultation with the Basin Officials Committee and having considered the advice, if any, given by each person nominated by a Contracting Government under subclause 6 (3) of Schedule D to the Murray-Darling Basin Agreement, makes the following Protocol under clause 6 of Schedule D to that Agreement and section 18E of the Water Act 2007.

  I, ROB FREEMAN, Chief Executive of the MURRAY-DARLING BASIN AUTHORITY, authenticate that the Authority validly made the following Protocol on 30 August 2010.

ROB FREEMAN

Chief Executive

7 September 2010

Contents

Part 1 Preliminary

 1 Name of Protocol
 2 Commencement
 3 Application
 4 Revocation
 5 Definitions

Part 2 Rules for adjusting valley accounts

 6 Transfers of allocation

Table 1 – Valley accounts and state transfer accounts

 7 Transfers of entitlement
 8 Operating rules

Table 2 – Valley accounts

Part 3 Rules for adjusting state transfer accounts

 9 Determining the volume of water used by a tagged trade
 10 Altering deliveries of water

Part 1 Preliminary

1 Name of Protocol

  This Protocol is the Murray-Darling Basin Agreement (Schedule D — Adjusting Valley Accounts and State Transfer Accounts) Protocol 2010.

Note   This Protocol deals with matters referred to in paragraphs 6 (1) (c) and (f) of Schedule D to the Agreement.

2 Commencement

  This Protocol commences on the day after it is registered.

3 Application

  This Protocol applies to:
 (a) transfers of allocations and entitlements between valleys and States in the southern connected Murray-Darling Basin; and
 (b) in the case of entitlements – to both exchange rate trade and tagged trade.

4 Revocation

  The Murray-Darling Basin Agreement (Adjusting Valley Accounts and State Transfer Accounts) Protocol 2010 is revoked.

Note   The Murray-Darling Basin Agreement (Adjusting Valley Accounts and State Transfer Accounts) Protocol 2010 was made and registered on the Federal Register of Legislative Instruments on 25 January 2010.

5 Definitions

  In this Protocol:
Act means the Water Act 2007.
back trade means a transfer from one trading zone to another trading zone, which is no greater in volume than the lesser of the net volume of preceding transfers between the same trading zones in the opposite direction and the volume available in the relevant valley account.
designated reservoir means a reservoir mentioned in column 4 of Table 2.
designated site means a site mentioned in column 3 of Table 2.
State transfer account means either or both of the accounts maintained by the Authority to record adjustments made to the volume of:
 (a) water delivered to South Australia as a result of transfers of entitlements or allocations from the Australian Capital Territory, New South Wales or Victoria to