Federal Register of Legislation
Murray-Darling Basin Agreement (Schedule D — Conversion Factors and Exchange Rates) 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 Conversion factors 7 Application of conversion factors 8 Applications to convert lower reliability entitlements 9 Suspension of conversion 10 Exchange rates 11 Application of exchange rates 12 Reviews of exchange rates and conversion factors
1 Name of Protocol
This Protocol is the Murray-Darling Basin Agreement (Schedule D — Conversion Factors and Exchange Rates) Protocol 2010.
Note This Protocol deals with matters referred to in paragraph 6 (1) (d) of Schedule D to the Agreement.
2 Commencement
This Protocol commences on the day after it is registered.
3 Revocation
All protocols made under paragraph 6 (1) (d) of Schedule D to the Agreement before 1 December 2009, and all provisions of any such protocol, that apply to exchange rate trade are revoked.
4 Application
This Protocol applies to conversion of entitlements and exchange rate trade.
5 Definitions
In this Protocol: Act means the Water Act 2007. GSEC means a New South Wales General Security Access Licence. HR means a Victorian High-Reliability Water Share. HSEC means a New South Wales High Security Access Licence. LR means a Victorian Low-Reliability Water Share. SA LIC means a South Australian water licence.
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate