One‑off adjustment to cumulative balances for surface water SDL resource units
Division 1A One‑off adjustment to cumulative balances for surface water SDL resource units
6.08D Determining one‑off adjustment to cumulative balances from 1 July 2019
The Authority must make a one‑off adjustment, in accordance with this Division, to the cumulative balance for each surface water SDL resource unit, unless the register of take for the surface water SDL resource unit had already commenced as at 1 July 2019.
Register of take has already commenced
If the register of take for a surface water SDL resource unit for which the Authority must make a one‑off adjustment has already commenced as at the commencement of this section, the Authority must make a one‑off adjustment in relation to the surface water SDL resource unit as soon as practicable after the beginning of the first water accounting period after that commencement.
Register of take has not already commenced
If the register of take for a surface water SDL resource unit for which the Authority must make a one‑off adjustment has not already commenced as at the commencement of this section, the Authority must make a one‑off adjustment in relation to the surface water SDL resource unit as soon as practicable after the end of the water accounting period in which the register of take commences.
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