Water market rules and water charge (termination fees) rules
The water market and termination fee rules are now in force. A copy of the rules and associated explanatory statements is available on the Federal Register of Legislative Instruments website.
The ACCC has released guidance material to assist operators and irrigators to adjust to the new rules. This material is available on the ACCC website .
Amendments to the Water Charge (Termination Fees) Rules 2009 to allow operators to add GST to termination fees
The Minister for Sustainability, Environment, Water, Population and Communities has made amendments to the Water Charge (Termination Fees) Rules 2009 to allow irrigation infrastructure operators to add goods and services tax (GST) to termination fees.
The amendments were registered on 16 February 2011 and commenced on 17 February 2011. A copy of the amendments and the associated explanatory statement are available on the Federal Register of Legislative Instruments website:
Summary of amendments
ACCC advice to the Minister, including draft amendments
- ACCC Advice to Minister on amendments to the Water Charge (Termination Fees) Rules 2009, including draft amendments to the rules (PDF - 80 KB) | (Word - 170 KB)
More information
For information about amendments to the termination fee rules visit the Australian Competition & Consumer Commission website at www.accc.gov.au/water .
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