Competition and Consumer (Price Inquiry—Water Markets in the Murray-Darling Basin) Direction 2019
7Directions as to holding of the inquiry
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7 Directions as to holding of the inquiry
(1) Under subsection 95J(6) of the Act, the Commission is directed to do the following in holding the inquiry: (a) seek and consider the views of participants involved in water markets and other persons directly involved in water markets; (b) recommend options to enhance markets for tradeable water rights relating to water in the Murray‑Darling Basin, including options to enhance the markets’ operations, transparency, regulation, competitiveness and efficiency; (c) give to the Treasurer an interim report on the inquiry by 30 June 2020.
Note: Example: Participants involved in water markets, and other persons directly involved in water markets, include irrigation farmers, investors, water brokers, water exchanges, water registries and other service providers facilitating the trading of water, environmental water holders, urban water authorities, other infrastructure operators, and market advisors and analysts.
(2) Under subsection 95P(3) of the Act, the Commission is directed not to make available for public inspection, copies of any interim report until the Treasurer, in writing, authorises the Commission to do so.