Annual entitlement
30 Annual entitlement
If, for a water year, the chief executive has decided an announced entitlement for a water management area, or a part of the area, the annual entitlement for a water licence to which the announced entitlement relates is calculated by—
multiplying the nominal entitlement for the water licence by the announced entitlement; and
adjusting the volume for any carry over or forward draw that applies to the licence for the water year.
If, for a water year, the chief executive has not decided an announced entitlement for a water management area, or a part of the area, the annual entitlement for a water licence in the area or the part of the area is the nominal entitlement for the licence adjusted for any carry over or forward draw that applies to the licence for the water year.
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