Murray-Darling Basin Agreement (Schedule D - Calculating Cap Adjustments) Protocol 2010 (Cth)

Murray-Darling Basin Agreement (Schedule D — Calculating Cap Adjustments) Protocol 20101

The MURRAY-DARLING BASIN AUTHORITY, in consultation with the Basin Officials Committee and having considered the advice, if any, given by each person nominated by a Contracting Government under subclause 6 (3) of Schedule D to the Murray-Darling Basin Agreement, makes the following Protocol under clause 6 of Schedule D to that Agreement and section 18E of the Water Act 2007.

I, ROB FREEMAN, Chief Executive of the MURRAY-DARLING BASIN AUTHORITY, authenticate that the Authority validly made the following Protocol on 30 August 2010.

ROB FREEMAN

Chief Executive

7 September 2010

Contents

1 Name of Protocol 2 Commencement 3 Revocation 4 Application 5 Definitions 6 Cap transfer rates for transferred allocations — Table 1 7 Cap transfer rates for entitlements transferred before 1 July 2007 — Table 2 8 Cap factors 9 Adjusting annual diversion targets — implementation of Stages

1 Name of Protocol

This Protocol is the Murray-Darling Basin Agreement (Schedule D — Calculating Cap Adjustments) Protocol 2010.

Note This Protocol deals with matters referred to in paragraph 6 (1) (a) of Schedule D to the Agreement.

2 Commencement

This Protocol commences on the day after it is registered.

3 Revocation

All previous protocols made under paragraph 6 (1) (a) of Schedule D to the Agreement are revoked.

4 Application

This Protocol applies to exchange rate trade and tagged trade.

5 Definitions

In this Protocol: Act means the Water Act 2007.

Note Several other words and expressions used in this Protocol have the meaning given by the Act (including the Agreement), for example:  Authority  Contracting Government  designated river valley  year.

6 Cap transfer rates for transferred allocations — Table 1