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    <preface>
      <p>Water Amendment Act 2015</p>
      <p>No. 133, 2015</p>
      <p>An Act to amend the <i>Water Act 2007</i> to provide for a 1,500 gigalitre limit on surface water purchases, and for the purpose of allowing more flexibility with efficiency measures</p>
      <p>Contents</p>
      <p>1	Short title	1</p>
      <p>2	Commencement	2</p>
      <p>3	Schedules	2</p>
      <p>Schedule 1—Amendments	3</p>
      <p><ref href="#part-1">Part 1</ref>—Amendment of <ref href="">the Water Act 2007</ref>	3</p>
      <p>Water Act 2007	3</p>
      <p><ref href="#part-2">Part 2</ref>—Amendment of the Basin Plan 2012	6</p>
      <p>Basin Plan 2012	6</p>
      <p>Water Amendment Act 2015</p>
      <p>No. 133, 2015</p>
      <p>An Act to amend the <i>Water Act 2007</i> to provide for a 1,500 gigalitre limit on surface water purchases, and for the purpose of allowing more flexibility with efficiency measures</p>
      <p>[<i>Assented to 13 October 2015</i>]</p>
      <formula name="enacting">
        <p>The Parliament of Australia enacts:</p>
      </formula>
    </preface>
    <body>
      <section eId="sec-1">
        <num>1</num>
        <heading>Short title</heading>
        <content>
          <p>		This Act may be cited as the <i>Water Amendment Act </i><i>2015</i>.</p>
        </content>
      </section>
      <section eId="sec-2">
        <num>2</num>
        <heading>Commencement</heading>
        <subsection eId="sec-2__subsec-1">
          <num>1</num>
          <content>
            <p>Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.</p>
          </content>
          <table>
            <tr>
              <th>Commencement information</th>
              <th>Commencement information</th>
              <th>Commencement information</th>
            </tr>
            <tr>
              <td>Column 1</td>
              <td>Column 2</td>
              <td>Column 3</td>
            </tr>
            <tr>
              <td>Provisions</td>
              <td>Commencement</td>
              <td>Date/Details</td>
            </tr>
            <tr>
              <td>1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table</td>
              <td>The day this Act receives the Royal Assent.</td>
              <td>13 October 2015</td>
            </tr>
            <tr>
              <td>2.  Schedule 1</td>
              <td>A single day to be fixed by Proclamation.
However, if the provisions do not commence within the period of 6 months beginning on the day this Act receives the Royal Assent, they commence on the day after the end of that period.</td>
              <td>13 April 2016</td>
            </tr>
          </table>
          <authorialNote placement="end" eId="note-1" marker="1">
            <content>
              <p>Note: 	This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.</p>
            </content>
          </authorialNote>
        </subsection>
        <subsection eId="sec-2__subsec-2">
          <num>2</num>
          <content>
            <p>Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.</p>
          </content>
        </subsection>
      </section>
      <section eId="sec-3">
        <num>3</num>
        <heading>Schedules</heading>
        <subsection eId="sec-3__subsec-1">
          <num>1</num>
          <content>
            <p>Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.</p>
          </content>
        </subsection>
        <subsection eId="sec-3__subsec-2">
          <num>2</num>
          <content>
            <p>	(2)	The amendment of the <i>Basin Plan 2012</i> under subsection (1) does not prevent the Murray-Darling Basin Authority from preparing an amendment of the <i>Basin Plan 2012</i>, as so amended, under section 23B or 45 of the <i>Water Act 2007</i>.</p>
          </content>
        </subsection>
      </section>
    </body>
    <attachments>
      <attachment>
        <hcontainer name="schedule" eId="schedule-1">
          <heading>Amendments</heading>
          <content>
            <p>Water Act 2007</p>
          </content>
          <hcontainer name="clause" eId="schedule-1__clause-1">
            <num>1</num>
            <heading>Section 86</heading>
            <content>
              <p>Renumber as <ref href="#sec-85A">section 85A</ref>.</p>
            </content>
          </hcontainer>
          <hcontainer name="clause" eId="schedule-1__clause-2">
            <num>2</num>
            <heading>At the end of Part 2</heading>
            <content>
              <p>Add:</p>
            </content>
          </hcontainer>
          <hcontainer name="clause" eId="schedule-1__clause-85B">
            <num>85B</num>
            <heading>Simplified outline of this Division</heading>
            <content>
              <p>There is a 1,500 gigalitre limit on water purchased under water purchase contracts.</p>
            </content>
          </hcontainer>
          <hcontainer name="clause" eId="schedule-1__clause-85C">
            <num>85C</num>
            <heading>1,500 gigalitre limit on water purchases</heading>
            <hcontainer name="subclause" eId="schedule-1__clause-85C__subclause-1">
              <num>1</num>
              <content>
                <p>The Commonwealth must not enter into a water purchase contract at a particular time if doing so would result in the sum of:</p>
              </content>
            </hcontainer>
            <paragraph eId="schedule-1__clause-85C__para-a">
              <num>a</num>
              <content>
                <p>the long-term annual average quantity of water that can be accessed under the water access entitlement purchased under the contract; and</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-b">
              <num>b</num>
              <content>
                <p>the total of the long-term annual average quantities of water that can be accessed under water access entitlements purchased under water purchase contracts entered into before that time;</p>
              </content>
            </paragraph>
            <content>
              <p>exceeding 1,500 gigalitres.</p>
              <p>Note:	For <b><i>water purchase contract</i></b>, see subsections (3) and (4).</p>
              <p>Note:	Subsection 50(5) deals with a report of the results of a review of the Basin Plan.</p>
              <p>Water purchase contract</p>
              <p>and either:</p>
              <p>Exceptions</p>
            </content>
            <hcontainer name="subclause" eId="schedule-1__clause-85C__subclause-2">
              <num>2</num>
              <content>
                <p>Subsection (1) ceases to have effect on the first occasion after the commencement of this section when a report is given to <role refersTo="#minister">the Minister</role> under subsection 50(5).</p>
              </content>
            </hcontainer>
            <hcontainer name="subclause" eId="schedule-1__clause-85C__subclause-3">
              <num>3</num>
              <content>
                <p>	(3)	For the purposes of this section, a contract is a <b><i>water purchase contract</i></b> if:</p>
              </content>
            </hcontainer>
            <paragraph eId="schedule-1__clause-85C__para-a">
              <num>a</num>
              <content>
                <p>the contract is or was entered into by, or on behalf of, the Commonwealth for the purchase by the Commonwealth of a water access entitlement; and</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-b">
              <num>b</num>
              <content>
                <p>the water access entitlement relates to Basin water resources that are surface water;</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-c">
              <num>c</num>
              <content>
                <p>the contract was entered into during the period:</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-i">
              <num>i</num>
              <content>
                <p>beginning at the start of <date date="2008-02-02">2 February 2008</date>; and</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-ii">
              <num>ii</num>
              <content>
                <p>ending at the end of <date date="2012-11-23">23 November 2012</date>; or</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-d">
              <num>d</num>
              <content>
                <p>the contract is or was entered into on or after <date date="2012-11-24">24 November 2012</date> for purposes directed towards achieving the Commonwealth’s share of a reduction in the long-term average sustainable diversion limit for:</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-i">
              <num>i</num>
              <content>
                <p>the water resources of a water resource plan area; or</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-ii">
              <num>ii</num>
              <content>
                <p>a particular part of those water resources.</p>
              </content>
            </paragraph>
            <hcontainer name="subclause" eId="schedule-1__clause-85C__subclause-4">
              <num>4</num>
              <content>
                <p>However, a contract is not a water purchase contract for the purposes of this section if:</p>
              </content>
            </hcontainer>
            <paragraph eId="schedule-1__clause-85C__para-a">
              <num>a</num>
              <content>
                <p>both of the following conditions are satisfied:</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-i">
              <num>i</num>
              <content>
                <p>the contract is or was entered into as the result of, or in connection with, an agreement under which the Commonwealth provided financial assistance for the rationalisation or reconfiguration of an irrigation network;</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-ii">
              <num>ii</num>
              <content>
                <p>the contract was entered into after the commencement of this section; or</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-b">
              <num>b</num>
              <content>
                <p>both of the following conditions are satisfied:</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-i">
              <num>i</num>
              <content>
                <p>the contract is or was for the purchase of a water access entitlement from a Basin State;</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-ii">
              <num>ii</num>
              <content>
                <p>the contract was entered into after the commencement of this section; or</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-c">
              <num>c</num>
              <content>
                <p>the contract was provided for in an agreement:</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-i">
              <num>i</num>
              <content>
                <p>under which the Commonwealth provided financial assistance for activities relating to water infrastructure; and</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-ii">
              <num>ii</num>
              <content>
                <p>that is not mentioned in subparagraph (a)(i); or</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-d">
              <num>d</num>
              <content>
                <p>the contract is or was entered into in accordance with <ref href="#part-6">Part 6</ref>; or</p>
              </content>
            </paragraph>
            <paragraph eId="schedule-1__clause-85C__para-e">
              <num>e</num>
              <content>
                <p>the cost of the water access entitlement purchased under the contract is or was debited from the Water for the Environment Special Account.</p>
              </content>
            </paragraph>
          </hcontainer>
          <hcontainer name="clause" eId="schedule-1__clause-85D">
            <num>85D</num>
            <heading>Validity of contracts</heading>
            <content>
              <p>A contravention of <ref href="#sec-85C">section 85C</ref> does not affect the validity of a contract.</p>
              <p>Basin Plan 2012</p>
            </content>
          </hcontainer>
          <hcontainer name="clause" eId="schedule-1__clause-3">
            <num>3</num>
            <heading>After subparagraph 7.17(2)(b)(i)</heading>
            <content>
              <p>Insert:</p>
              <p>[<i>Minister’s second reading speech made in—</i></p>
              <p>
                <i>House of Representatives on 28 May 2015</i>
              </p>
              <p><i>Senate on 9 September 2015</i>]</p>
              <p>(80/15)</p>
            </content>
            <paragraph eId="schedule-1__clause-3__para-ia">
              <num>ia</num>
              <content>
                <p>the participation of consumptive water users in projects that recover water through works to improve water use efficiency off-farm; or</p>
              </content>
            </paragraph>
          </hcontainer>
        </hcontainer>
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