sec.986DPrescribed area plans

### sec.986D Prescribed area plans This section applies if the water access entitlement is regulated under a prescribed area plan. No compensation is payable for a relevant reduction of 3% or less. Compensation is payable for a relevant reduction of more than 3% over the 10-year period starting on the making of the regulation under section 986A (1) (a) (iii) relating to the area for which the water access entitlement applies. However, only one-third of the compensation payable for a relevant reduction of more than 3%, but not more than 6%, over the 10-year period is payable. Also, only one-half of the compensation payable for a relevant reduction of more than 6% over the 10-year period is payable. s 986D ins 2011 No. 31 s 393 (sec.986D-ssec.1) This section applies if the water access entitlement is regulated under a prescribed area plan. (sec.986D-ssec.2) No compensation is payable for a relevant reduction of 3% or less. (sec.986D-ssec.3) Compensation is payable for a relevant reduction of more than 3% over the 10-year period starting on the making of the regulation under section 986A (1) (a) (iii) relating to the area for which the water access entitlement applies. (sec.986D-ssec.4) However, only one-third of the compensation payable for a relevant reduction of more than 3%, but not more than 6%, over the 10-year period is payable. (sec.986D-ssec.5) Also, only one-half of the compensation payable for a relevant reduction of more than 6% over the 10-year period is payable.