Water Amendment (Purchase Limit Repeal) Bill 2019
This submission has been prepared by the Australian Environmental and Planning Law Committee of the Legal Practice Section.
The object of the Repeal Bill is to remove the prohibition in the Water Act 2007 (Cth) on the Commonwealth buying back more than 1500 gigalitres of water from allocations in the Murray-Darling Basin system.
The Explanatory Memorandum for the Repeal Bill states that “if a review of the Murray-Darling Basin Plan, … demonstrates the need for more water purchases then there is no legislative barrier to being able to achieve that policy”.
Buying water back from third party holders of water entitlements in the Basin is one mechanism for ensuring that there is sufficient water in the Murray-Darling Basin system to maintain system health. Efficiency measures, through irrigation infrastructure upgrades, is the other.
You can read the full submission below.