sec.40Nominal volume

sec.40 Nominal volume

The chief executive must decide the nominal volume for the new water allocation based on an assessment of the water taken under the water licence being converted. See the Water Regulation 2016 , section 46 for the matters the chief executive must consider in deciding the nominal volume for the new water allocation. For the Water Regulation 2016 , section 46 (1) (e) , in deciding the nominal volume for the water allocation, the chief executive must also have regard to the simulated mean annual diversion for the water allocation. In this section— simulated mean annual diversion , for the new water allocation, means— the total volume of water simulated to have been taken under the water allocation— using the Source Rivers computer program; and as if the new water allocation had been in existence for the whole of the simulation period; and divided by the number of years in the simulation period. (sec.40-ssec.1) The chief executive must decide the nominal volume for the new water allocation based on an assessment of the water taken under the water licence being converted. See the Water Regulation 2016 , section 46 for the matters the chief executive must consider in deciding the nominal volume for the new water allocation. (sec.40-ssec.2) For the Water Regulation 2016 , section 46 (1) (e) , in deciding the nominal volume for the water allocation, the chief executive must also have regard to the simulated mean annual diversion for the water allocation. (sec.40-ssec.3) In this section— simulated mean annual diversion , for the new water allocation, means— the total volume of water simulated to have been taken under the water allocation— using the Source Rivers computer program; and as if the new water allocation had been in existence for the whole of the simulation period; and divided by the number of years in the simulation period.

• (a) the total volume of water simulated to have been taken under the water allocation— (i) using the Source Rivers computer program; and (ii) as if the new water allocation had been in existence for the whole of the simulation period; and
• (i) using the Source Rivers computer program; and
• (ii) as if the new water allocation had been in existence for the whole of the simulation period; and
• (b) divided by the number of years in the simulation period.
• (i) using the Source Rivers computer program; and
• (ii) as if the new water allocation had been in existence for the whole of the simulation period; and