s 101JG
In forceMarket manipulation
Volume 1Parts 1 to 10A (sections 1 to 239W)
Part 6Commonwealth Environmental Water Holder
Division 1Establishment and functions
101JG Market manipulation
A person must not take part in, or carry out (whether directly or indirectly) a trade or transfer of an eligible tradeable water right that has, or is likely to have, the effect of:
(a)
creating an artificial price for eligible tradeable water rights; or
(b)
maintaining at a level that is artificial (whether or not it was previously artificial) a price for eligible tradeable water rights.
Civil penalty: For an individual—2,000 penalty units.
For a body corporate—see section 101K.
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