Document ID: chunk:federal_register_of_legislation:C2023A00111:clause:3_3
Version: federal_register_of_legislation:C2023A00111
Segment Type: clause
Provision Reference: sch 3 cl 3
Character Range: 93951–95195

3  Subsection 4(1)
Insert:
benefit derived and detriment avoided, in relation to a contravention of a civil penalty provision, means the sum of:
 (a) the total value of all benefits obtained by one or more persons that are reasonably attributable to the contravention; and
 (b) the total value of all detriments avoided by one or more persons that are reasonably attributable to the contravention.
generally available: information is generally available if it has been published in a manner that will, or will be likely to, bring it to the attention of interested members of the public.
material effect: for the purposes of Part 5A, a decision or information is taken to have a material effect on the price or value of an eligible tradeable water right if the decision or information is reasonably likely to influence persons who commonly acquire eligible tradeable water rights in deciding whether or not to acquire or dispose of such rights.
water markets decision means a decision that relates to actions that an agency of the Commonwealth or of a Basin State, or an irrigation infrastructure operator, is undertaking, or may or will undertake, that is prescribed by the regulations or is included in a class prescribed by the regulations.