Summary
Further to the Water Amendment (Long-term Average Sustainable Diversion Limit Adjustment) Bill 2012, the bill amends the
Water Act 2007
to: establish the Water for the Environment Special Account for a 10-year period from the 2014-15 financial year to acquire additional environmental water entitlement and to remove constraints on the efficient use of environmental water for the Murray-Darling Basin Plan; and provide for independent reviews to be conducted in 2019 and 2021.