Document ID: chunk:federal_register_of_legislation:C2024C00557:schedule:1:p82
Version: federal_register_of_legislation:C2024C00557
Segment Type: schedule
Provision Reference: sch 1 (pt 82/154)
Character Range: 854014–856922

salinity credits or salinity debits attributed to that Government on Register A. If a Contracting Government does so, the Authority must amend Register A accordingly.
       (2B) The Authority must, if required by any BSM procedures, transfer any salinity credits attributed to the Commonwealth Account to the Collective Account and amend Register A accordingly.
       (2C) The Authority must, at the request of a State Contracting Government, and in accordance with any BSM procedures:
(a) transfer a State Contracting Government's share of salinity credits in the Collective Account to that State Contracting Government; and
(b) amend Register A accordingly.
       (3) A Contracting Government, with the prior written approval of the Committee, may agree to assign any or all of the salinity credits or salinity debits attributed to that Government in Register B, to one or more of the other Contracting Governments.
       (4) The Authority must:
(a) attribute salinity credits and salinity debits in accordance with any agreement approved by the Committee under sub‑clause 23(3); and
(b) amend Register B accordingly.
       (5) The Authority may, in accordance with BSM procedures, give effect to any written request by a Contracting Government to transfer a salinity credit attributed to that Government:
(a) in Register A, to Register B; or
(b) in Register B, to Register A.

    24. Re‑estimating salinity impacts and amendment of Register entries
       (1) The Authority:
(a) must re‑estimate the salinity impacts of an Accountable Action or a Delayed salinity impact following a review of the Accountable Action or Delayed salinity impact in accordance with a Review Plan under clause 32; and
(aa) may, at any other time, re‑estimate the salinity impacts of an Accountable Action or Delayed salinity impact; and
(b) if the re‑estimated salinity impacts differ from the Authority's most recent previous estimate of the salinity impacts, must:
              (i) alter the calculation and attribution of either or both of the salinity credits and salinity debits; and
              (ii) make any consequential amendment to a Register,
 to reflect the re‑estimated salinity impacts.
       (1A) If the Authority considers that an estimate of the salinity cost effect on which a salinity credit or salinity debit of an Accountable Action or Delayed salinity impact was determined is not reliable, the Authority:
(a) may, in accordance with the advice of the Committee, remove the salinity credit or salinity debit and replace it with a provisional entry; and
(b) must, as soon as practicable, use its best efforts to make a reliable estimate and make a consequential amendment of the Register to reflect the re‑estimated salinity impacts.
       (2) The Authority may, on the advice of the Committee:
(a) designate a Joint work or measure to be a State Action; or
(b) designate a State Action to be a