Consideration of social and economic impact of proposed water purchases relating to the 450 gigalitre target
86ADB Consideration of social and economic impact of proposed water purchases relating to the 450 gigalitre target
Before the Minister approves a program (however described) under which water access rights are proposed to be purchased for the purpose of increasing the volume of the Basin water resources that is available for environmental use by 450 gigalitres, the Minister must consider the social and economic impact of the program on communities in the Murray‑Darling Basin.
Subsection (1) applies even if the program includes water access rights proposed to be purchased with amounts other than amounts debited from the Water for the Environment Special Account.
Water access rights covers temporary water access rights as well as perpetual or ongoing water access rights.
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