Clause 10.1.3 of the Agreement on Murray‑Darling Basin Reform of 3 July 2008
Part 2 Clause 10.1.3 of the Agreement on Murray‑Darling Basin Reform of 3 July 2008
10.1.3 Commonwealth undertakes to use its best endeavours to enact legislation to amend Division 4 of Part 2 of the Water Act so that:
In respect of those Basin States who choose to apply the National Water Initiative risk assignment framework:
a) the Commonwealth’s share of a reduction in a long‑term average sustainable diversion limit includes, in any 10 year period, all of the new knowledge components of the reductions that exceed three per cent of the relevant diversion limit; and
b) for a water resource plan area in the Murray‑Darling Basin with a transitional or interim water resource plan, the Commonwealth will take responsibility for its share of the new knowledge component of a reduction in the long‑term average sustainable diversion limit for the water resources of that plan area arising after the transitional or interim water resource plan ceases to have effect.
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