Common use of Required Annual Release Shortfalls Clause in Contracts

Required Annual Release Shortfalls. (1) If at the end of a Water Year there is a Required Annual Release Shortfall, the Required Annual Release Shortfall is to be accounted for by the Commission in accordance with Table One. TABLE ONE: WATER ACCOUNTING AND REQUIRED ANNUAL RELEASE SHORTFALLS TYPE OF WATER YEAR ARRANGEMENT WITH RESPECT TO REQUIRED ANNUAL RELEASE SHORTFALL WATER ACCOUNTING OUTCOMES Water Year during Xxxxxxxx agrees to the New South Wales and which a period of Required Annual Release Victoria deemed to special accounting is Shortfall each have used the not in effect Required Annual Release Shortfall as agreed Xxxxxxxx does not agree to New South Wales the Required Annual Release deemed to have used Shortfall the whole of the Required Annual Release Shortfall Water Year during Victoria and the Commission New South Wales and which a period of agree to the Required Xxxxxxxx deemed to special accounting is Annual Release Shortfall each have used the in effect Required Annual Release Shortfall as agreed The Commission does not New South Wales agree to the Required deemed to have used Annual Release Shortfall the whole of the Required Annual Release Shortfall

Appears in 2 contracts

Samples: Darling Basin Amending Agreement, Snowy Mountains Agreement

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Required Annual Release Shortfalls. (1) If at the end of a Water Year there is a Required Annual Release Shortfall, the Required Annual Release Shortfall is to be accounted for by the Commission Authority in accordance with Table One. TABLE ONE: WATER ACCOUNTING AND REQUIRED ANNUAL RELEASE SHORTFALLS TYPE OF WATER YEAR ARRANGEMENT WITH RESPECT TO REQUIRED ANNUAL RELEASE SHORTFALL WATER ACCOUNTING OUTCOMES Water Year during which a period of special accounting is not in effect Xxxxxxxx agrees to the Required Annual Release Shortfall New South Wales and which a period of Required Annual Release Victoria Xxxxxxxx deemed to special accounting is Shortfall each have used the not in effect Required Annual Release Shortfall as agreed Xxxxxxxx does not agree to New South Wales the Required Annual Release Shortfall New South Wales deemed to have used Shortfall the whole of the Required Annual Release Shortfall Water Year during which a period of special accounting is in effect Victoria and the Commission Ministerial Council agree to the Required Annual Release Shortfall New South Wales and which a period of agree to the Required Xxxxxxxx Victoria deemed to special accounting is Annual Release Shortfall each have used the in effect Required Annual Release Shortfall as agreed The Commission Ministerial Council does not New South Wales agree to the Required Annual Release Shortfall New South Wales deemed to have used Annual Release Shortfall the whole of the Required Annual Release Shortfall

Appears in 1 contract

Samples: Murray Darling Basin Agreement

Required Annual Release Shortfalls. (1) If at the end of a Water Year there is a Required Annual Release Shortfall, the Required Annual Release Shortfall is to be accounted for by the Commission in accordance with Table One. TABLE ONE: WATER ACCOUNTING AND REQUIRED ANNUAL RELEASE SHORTFALLS TYPE OF WATER YEAR ARRANGEMENT WITH RESPECT TO REQUIRED ANNUAL RELEASE SHORTFALL WATER ACCOUNTING OUTCOMES Water Year during Xxxxxxxx Victoria agrees to the New South during which a Required Annual Wales and which a period of Required Annual Release Shortfall Victoria deemed special to special accounting is Shortfall each have used accounting is the Required not in effect Required Annual Release Shortfall as agreed Xxxxxxxx does not New South agree to New South Wales the Required Wales deemed to Annual Release deemed to have used the Shortfall the whole of the Required Annual Release Shortfall Water Year during Victoria and the Commission New South during which a Commission agree to Wales and which a period of agree to the Required Xxxxxxxx Annual Victoria deemed to special accounting is Annual Release Shortfall to each have used accounting is in the in Required effect Required Annual Release Shortfall as agreed The Commission New South does not New South Wales agree to the Required Wales deemed to Required Annual have used Annual the Release Shortfall the whole of the Required Annual Release Shortfall

Appears in 1 contract

Samples: Amending Agreement

Required Annual Release Shortfalls. (1) If at the end of a Water Year there is a Required Annual Release Shortfall, the Required Annual Release Shortfall is to be accounted for by the Commission in accordance with Table One. TABLE ONE: WATER ACCOUNTING AND REQUIRED ANNUAL RELEASE SHORTFALLS TYPE OF WATER YEAR ARRANGEMENT WITH RESPECT TO REQUIRED ANNUAL RELEASE SHORTFALL WATER ACCOUNTING OUTCOMES Water Year during Xxxxxxxx Victoria agrees to the New South Wales and which a period of the Required and Victoria special accounting Annual Release Victoria deemed to special accounting each is not in effect Shortfall each have used the not in effect Required Annual Release Shortfall as agreed Xxxxxxxx does not agree to New South Wales agree to the Required Annual Release deemed to have Required Annual used Shortfall the whole of Release Shortfall the Required Annual Release Shortfall Water Year during Victoria and the Commission New South Wales and which a period of Commission agree and Victoria special accounting to the Required Xxxxxxxx deemed to special accounting each is in effect Annual Release Shortfall each have used the in effect Shortfall Required Annual Release Shortfall as agreed The Commission does not New South Wales does not agree to the Required deemed to have the Required used Annual Release Shortfall the whole of Annual Release the Required Shortfall Annual Release Shortfall

Appears in 1 contract

Samples: Amending Agreement

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Required Annual Release Shortfalls. (1) If at the end of a Water Year there is a Required Annual Release Shortfall, the Required Annual Release Shortfall is to be accounted for by the Commission in accordance with Table One. TABLE ONE: WATER ACCOUNTING AND REQUIRED ANNUAL RELEASE SHORTFALLS TYPE OF WATER YEAR ARRANGEMENT WITH RESPECT TO REQUIRED ANNUAL RELEASE SHORTFALL WATER ACCOUNTING OUTCOMES Water Year during which a period of special accounting is not in effect Xxxxxxxx agrees to the Required Annual Release Shortfall New South Wales and which a period of Required Annual Release Victoria deemed to special accounting is Shortfall each have used the not in effect Required Annual Release Shortfall as agreed Xxxxxxxx does not agree to New South Wales the Required Annual Release Shortfall New South Wales deemed to have used Shortfall the whole of the Required Annual Release Shortfall Water Year during which a period of special accounting is in effect Victoria and the Commission agree to the Required Annual Release Shortfall New South Wales and which a period of agree to the Required Xxxxxxxx Victoria deemed to special accounting is Annual Release Shortfall each have used the in effect Required Annual Release Shortfall as agreed The Commission does not New South Wales agree to the Required Annual Release Shortfall New South Wales deemed to have used Annual Release Shortfall the whole of the Required Annual Release Shortfall

Appears in 1 contract

Samples: Amending Agreement

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