Document ID: chunk:federal_register_of_legislation:F2024C00760:front:0:p28
Version: federal_register_of_legislation:F2024C00760
Segment Type: other
Provision Reference: 
Character Range: 77515–80540

be traded either in whole or in part, and either temporarily or permanently, or through lease arrangements or other trading options that may evolve over time; and
            (d) to recognise and protect the needs of the environment; and
            (e) to provide appropriate protection of third‑party interests.
(2) The outcome for trading in the water market is the creation of a more efficient and effective market that:
            (a) facilitates water reaching its most productive use; and
            (b) enhances the productivity and growth of water‑dependent industries; and
            (c) enables water‑dependent industries to:
                (i) better manage through extreme events under current climate variability; and
                (ii) strengthen their capacity to adapt to future climate change.

        Chapter 6—Water that can be taken

        Part 1—Preliminary

6.01 Simplified outline
(1) This section sets out a simplified outline of this Chapter.
(2) This Chapter deals with the matters set out in items 6, 7 and 8 of the table in subsection 22(1) and Division 4 of Part 2 of the Act. Those matters are:
            (a) the long‑term average sustainable diversion limits (SDLs) (Part 2); and
            (b) the temporary diversion provision (Part 3); and
            (c) the method for determining compliance with the long‑term annual diversion limit (Part 4); and
            (d) allocation of risks in relation to reductions in diversion limits (Part 5); and
            (e) risks arising from other changes to the Basin Plan (Part 5).
Note: See Chapter 7 for adjustments to the long‑term average sustainable diversion limits.

        Part 2—Long‑term average sustainable diversion limits

        Division 1—Identification of SDL resource units

6.02 Identification of surface water SDL resource units
(1) A surface water SDL resource unit referred to in column 1 of the table in Schedule 2 consists of all surface water resources within the area described by the polygon of the same name contained in the dataset that:
            (a) is titled Surface Water SDL Resource Units; and
            (b) has a dataset scale of 1:250,000; and
            (c) is held by the Authority on 14 November 2017.
Note: See subsection 6.04(3) for the long‑term average sustainable diversion limits that apply to each surface water SDL resource unit.
(2) The Authority must publish on its website a map that:
            (a) identifies each surface water SDL resource unit; and
            (b) is prepared using the dataset referred to in subsection (1).

6.03 Identification of groundwater SDL resource units
(1) A groundwater SDL resource unit referred to in column 1 of the table in Schedule 4 consists of all groundwater resources described by column 2 of the table in Schedule 4 that lie beneath the area described by the polygon of the same name in the dataset that:
            (a) is titled Groundwater SDL Resource Units; and
            (b) has a dataset scale of 1:250,000; and
            (c)