Document ID: chunk:federal_register_of_legislation:C2024C00557:section:74
Version: federal_register_of_legislation:C2024C00557
Segment Type: section
Provision Reference: s 74
Character Range: 252624–254055

74  Simplified outline
 (1) This section provides a simplified outline of this Subdivision.
 (2) When the long‑term average sustainable diversion limit for the water resources of a water resource plan area (or for a particular part of those water resources) is reduced, the Basin Plan identifies the Commonwealth's share (if any) of the reduction.
Note 1: The Commonwealth's share includes reductions attributable to changes in Commonwealth Government policy and may also include some part of reductions attributable to improvements in knowledge about the environmentally sustainable level of take for the water resources of a water resource plan area.
Note 2: See section 75.
 (3) The Commonwealth:
 (a) endeavours to manage the impact of the Commonwealth's share of the reduction on the holders of water access entitlements; and
 (b) may take steps to ensure that the holders of water access entitlements do not suffer a reduction in their water allocations as a result of the Commonwealth's share of the reduction.
Note: See section 76.
 (4) A water access entitlement holder is entitled to a payment if (despite the Commonwealth's efforts) there is a reduction in, or a change in the reliability of, the holder's water allocations that is reasonably attributable to the Commonwealth's share of the reduction in the long‑term average sustainable diversion limit (and if certain other conditions are met).
Note: See section 77.