76Commonwealth to manage Commonwealth share of reduction in diversion limit

76  Commonwealth to manage Commonwealth share of reduction in diversion limit   If the Basin Plan specifies, under subsection 75(1), the Commonwealth’s share of a reduction in the long‑term average sustainable diversion limit for the water resources of a water resource plan area, or for the particular part of those water resources, the Commonwealth:  (a) must endeavour to manage the impact of the Commonwealth’s share of the reduction in the limit on the holders of water access entitlements; and  (b) may take steps to ensure that the holders of water access entitlements do not suffer a reduction in their water allocations, or a change in the reliability of their water allocations, as a result of the Commonwealth’s share of the reduction in the limit. Note 1: This subsection implements in part the policy in clauses 49 and 50 of the National Water Initiative. Note 2: If a reduction in, or a change in the reliability of, a water allocation results despite the steps taken by the Commonwealth, the Commonwealth may be liable for an amount under section 77.