Prescribed area plans
986D Prescribed area plans
This section applies if the water access entitlement is regulated under a prescribed area plan.
No compensation is payable for a relevant reduction of 3% or less.
Compensation is payable for a relevant reduction of more than 3% over the 10-year period starting on the making of the regulation under section 986A(1)(a)(iii) relating to the area for which the water access entitlement applies.
However, only one-third of the compensation payable for a relevant reduction of more than 3%, but not more than 6%, over the 10-year period is payable.
Also, only one-half of the compensation payable for a relevant reduction of more than 6% over the 10-year period is payable.
This provision refers to the regulations (the regulation
). Made under this Act:
- Water Plan (Baffle Creek Basin) 2010 · Regulation
- Water Plan (Barron) 2023 · Regulation
- Water Plan (Border Rivers and Moonie) 2019 · Regulation
21 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory memorandum
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