42Plan limit compliance scenario model

42 Plan limit compliance scenario model

42 Plan limit compliance scenario model

(1) The plan limit compliance scenario model is based on—

(a) the proposed share components of the replacement floodplain harvesting access licences for the water source, and

(b) the existing or proposed bulk access regime for the water source, and

(c) existing or proposed water sharing provisions of a Minister’s plan for the water source that deal with the matters specified in the Act, section 21(a) and (c) in relation to floodplain harvesting.

(2) If the long-term average annual extraction limit is exceeded, the plan limit compliance scenario model provides for an adjustment to proposed share components of replacement floodplain harvesting access licences for the water source.

(3) The adjustment must be proportionately allocated to each eligible floodplain landholder who has an eligible water supply work for the water source.

(4) The adjustment must be the lesser of—

(a) an adjustment required to bring the total average annual volume of water taken within the long-term average annual extraction limit, or

(b) an adjustment required to bring the floodplain harvesting part of the total average annual volume of water taken within the floodplain harvesting part of the long-term average annual extraction limit.