Net trades out of the lower Darling VallNet trades out of the lower Darling Valley

Net trades out of the lower Darling Valley

(30) No permanent transfers of entitlement are permitted into or from the Lower Darling.

(31) (a) At times when the Menindee Lakes Storage is under Authority control (clause 99 of the Agreement) transfers of allocation may be facilitated into and out of the Lower Darling.

(b) When Menindee Lakes Storage is below 480/640 GL and under NSW control, transfers of allocation are not to be approved, except for, the period between 19 January 2010 to 30 June 2010 when transfers of allocation may be approved on the basis that there would be no:

(i) significant impacts on third parties; and

(ii) adverse impacts on State entitlements under the Agreement.

(32) In order not to impact on third parties within the Lower Darling, transfers in can only be approved when the water in storage is sufficiently greater than 480 GL to satisfy the transfer within the time remaining before the storage drops to 480 GL. The 480 GL trigger should be raised by the amount equivalent to the remaining transferred water not yet taken. Evaporative losses for any carryover water not taken must be born by the transferee.

(33) Transfers out can only be approved when the water in storage is sufficiently greater than 480 GL to satisfy the transfer within the time remaining before the storage drops to 480 GL.

(34) In order to clear net transfers out, water should be called from Menindee as soon as possible. In the case where water is not called out from Menindee to effect the clearance, the 480 GL trigger should be lowered by the amount equivalent to the remaining water not yet cleared.