Document ID: chunk:federal_register_of_legislation:C2024C00557:schedule:1:p127
Version: federal_register_of_legislation:C2024C00557
Segment Type: schedule
Provision Reference: sch 1 (pt 127/154)
Character Range: 976455–979335

Inter‑Valley Transfer" means the volume of Water Available to the Snowy‑Murray Development released by the Snowy Scheme to the catchment of the Murrumbidgee River.

    4. The Snowy Scheme And The Murrumbidgee River
       (1) In this Agreement, "Water Available to the Snowy‑Tumut Development" means:
Water of the Eucumbene River, the Tooma River, the Upper Murrumbidgee River and the Upper Tumut River regulated by the Snowy Scheme
PLUS any Snowy Notional Spill from the Snowy‑Murray Development to the Snowy‑Tumut Development
MINUS half of the balance of the Mowamba Borrowings Account
MINUS any Snowy Notional Spill from the Snowy‑Tumut Development to the Snowy‑Murray Development
MINUS the transfer from the Snowy‑Tumut Development to the Snowy‑Murray Development of the Snowy‑Tumut Development Annual Allocation
MINUS 4·5 GL per Water Year transferred from the Snowy‑Tumut Development to the Snowy‑Murray Development.
       (2) In this Agreement, "Murrumbidgee to Murray Inter‑Valley Transfer" means the volume of Water Available to the Snowy‑Tumut Development released by the Snowy Scheme to the catchment of the River Murray upstream of Hume Dam.

    5. Excess Snowy River Releases
In this Agreement, "Excess Snowy River Releases" means the greater of zero and the volume of water calculated as follows:
The regulated releases made to the Snowy River in the relevant Water Year, measured immediately below the confluence of the Snowy River and the Mowamba River
MINUS 9 GL
MINUS the Snowy River Annual Allocation in the relevant Water Year
MINUS the change in the balance of the Mowamba Borrowings Account during the relevant Water Year.

    6. Snowy River Release Shortfalls
In this Agreement, "Snowy River Release Shortfalls" means the greater of zero and the volume of water calculated as follows:
The Snowy River Annual Allocation in the relevant Water Year
PLUS 9 GL
PLUS the change in the balance of the Mowamba Borrowings Account from the commencement to the end of the relevant Water Year
MINUS the regulated releases made to the Snowy River in the relevant Water Year, measured immediately below the confluence of the Snowy River and the Mowamba River.

    7. Accounting For Water Releases
For the purposes of this Agreement, water releases from the Snowy‑Murray Development to the catchment of the River Murray upstream of Hume Dam are to be accounted as:
       (1) water releases as at Murray 1 Power Station; and
       (2) any water that would have passed through the Murray 1 Power Station but does not:
(a) for operational reasons; or
(b) because it is released from the Snowy Scheme as Snowy Montane Rivers External Increased Flows,
        and that flows into the catchment of the River Murray upstream of Hume Dam.

    7A. Calculating Required Annual Release
       (1) Subject to clause 7A and 7B of this Schedule, the Required Annual Release, and