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Assignment Of Individual Daily Extraction Component (IDEC) To Another Licence (71QA).pdf

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Preview of Assignment of individual daily extraction component (IDEC) to another licence (71QA)
🔗 Source: waternsw.com.au
📊 Size: 459 KB
👤 Author: Natalie Dawson
⬇️ Downloads: 217

Summary

Under the Water Management Act 2000, holders of two water access licences can apply to assign individual daily extraction components (IDECs) between licences, which are entitlements to take a specified volume of water on a specified day, possibly limited by rates, days, or circumstances. This can be done by using the Application to assign individual daily extraction components between water access licences form and guide, and requires the written consent of security interest holders if the assignment involves a reduction in the extraction component. The assignment must be within the same water sharing plan river zone or section, and the receiving licence must have the same or more restrictive take conditions. WaterNSW prepares a Notice of determination and form, which must be lodged with NSW Land Registry Services within six months to register the dealing.

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Description

Under the Water Management Act 2000, holders of two water access licences can apply to assign individual daily extraction components (IDECs) between licences,...

Technical Information

  • File Format: PDF
  • File Size: 459 KB
  • Pages: 1
  • Language: EN
  • Author: Natalie Dawson
  • Total Downloads: 217
  • Last Updated: 4 weeks ago

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