Document ID: chunk:federal_register_of_legislation:F2024C00760:front:0:p24
Version: federal_register_of_legislation:F2024C00760
Segment Type: other
Provision Reference: 
Character Range: 65835–69003

3.05(l));
                (ii) all groundwater resources beneath the area;
            (f) Eastern Mount Lofty Ranges—the following:
                (i) all surface water resources in the area;
                (ii) all groundwater resources beneath the area.
Note: Schedule 4 lists the groundwater SDL resource units in each water resource plan area.

        Part 3—Water accounting periods

3.08 Water accounting period for each water resource plan area
The water accounting period for each water resource plan area is a financial year.
Note: In Chapter 11, water accounting period means a period of 12 months beginning on 1 June of any year (see section 11.02).

        Chapter 4—Identification and management of risks to Basin water resources

        Part 1—Preliminary

4.01 Simplified outline
(1) This section sets out a simplified outline of this Chapter.
(2) This Chapter identifies:
            (a) risks to the condition, or continued availability, of Basin water resources (item 3 of the table in subsection 22(1) of the Act); and
            (b) strategies to manage, or address, those risks (item 5 of the table in subsection 22(1) of the Act).

        Part 2—Risks and strategies to address risks

4.02 Risks to condition, or continued availability, of Basin water resources, and consequential risks
(1) The risks to the condition, or continued availability, of Basin water resources, including the risks to the availability of Basin water resources that arise from the matters specified in item 3 of the table in subsection 22(1) of the Act are:
            (a) insufficient water available for the environment; and
            (b) water being of a quality unsuitable for use; and
            (c) poor health of water‑dependent ecosystems.
(2) The consequences of the materialisation of the risks identified in subsection (1) include:
            (a) that insufficient water is available, or water is not suitable for consumptive and other economic uses of Basin water resources; and
            (b) that insufficient water is available, or water is not suitable to maintain social, cultural, Indigenous and other public benefit values.

4.03 Strategies to manage, or address, identified risks
(1) This section sets out the strategies to manage, or address, the risks identified in section 4.02.
Note: Water resource plans must be prepared having regard to the strategies (see subsection 10.43(3)).
(2) The Authority must have regard to the strategies when undertaking its functions.
(3) The strategies are the following:
            (a) to implement the Basin Plan, including its following key elements:
                (i) the environmental watering plan;
                (ii) the water quality and salinity management plan;
                (iii) the water trading rules;
                (iv) water resource planning;
            (b) to develop water resource plans and amendments to the Basin Plan based on best available knowledge and in consultation with relevant stakeholders;
            (c) to promote a risk‑based approach to water resource planning and management;
            (d) to manage flows to optimise outcomes across the range of