Foreign Acquisitions and Takeovers Act 1975

A registrable water entitlement of a person is any of the following rights that the person holds (alone or jointly):

an irrigation right (within the meaning of the Water Act 2007) that relates to a water resource in Australia;

a right (including an Australian water access entitlement) conferred by or under a law of a State or Territory to do either or both of the following:

to hold water from a water resource in Australia;

to take water from a water resource in Australia.

However, a registrable water entitlement does not include:

stock and domestic rights; or

riparian rights; or

water allocations; or

a right of a kind specified in the regulations.