Protection of the Environment Operations (Hunter River Salinity Trading Scheme) Regulation 2002
37Authority conferred by credit
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37 Authority conferred by credit
37 Authority conferred by credit
(1) A credit assigned to an authorised discharge point confers authority to discharge from the authorised discharge point 0.1% of the total allowable discharge for a high flow block, subject to the discharge rules, during the period in which the credit remains in force.
(2) If a trading rules order is in force, a credit assigned to an authorised discharge point also confers authority to discharge from the authorised discharge point 0.1% of the total allowable discharge for a flood flow block, subject to the discharge rules, during the period in which the credit remains in force.
(3) A credit does not confer any authority on a person to discharge saline water unless:
(a) the person holds a discharge licence, and
(b) the credit is assigned to an authorised discharge point specified in that discharge licence.
cl 37: Subst 2016 (775), Sch 1 [37].