394AMethodologies for determining water volume and value

#### 394A Methodologies for determining water volume and value 394A Methodologies for determining water volume and value > > (1) The regulations may prescribe methodologies by which a determination of the following may be made for the purposes of this Act— > > > > > (a) a volume of water, > > > > > (b) the value of water. > > > (2) A prescribed methodology may be used to determine a volume of water if— > > > > > (a) a provision of this Act or the regulations expressly provides for the use of a prescribed methodology, or > > > > > (b) an actual measurement is unavailable, including due to the absence of metering equipment or a fault in metering equipment. > > > (3) A prescribed methodology must be used to determine the value of water if a provision of this Act or the regulations expressly provides for the use of a prescribed methodology. > > > (4) A methodology may be prescribed for— > > > > > (a) one or more specific provisions of this Act or the regulations, or > > > > > (b) all provisions of this Act and the regulations. > > **s 394A:** Ins 2025 No 70, Sch 3\[142\].