Planning guidelines and targets for renewable energy in Australian markets
Victoria and South Australia are tightening their guidelines and planning policies for renewable energy facilities.
All foreign persons (including foreign government investors) are required by 30 November 2017 to register their Australian registrable water entitlements and contractual water rights (water entitlements) on the new Water Register regardless of value and the industry sector the water entitlement is used for.
From 1 December 2017 all foreign persons must then update their information on the Water Register no later than 30 July each year.
The Water Register is part of the Australian Commonwealth Government’s measures to provide a transparent picture of foreign investment in Australian water entitlements and give the Australian community greater confidence in the foreign investment regime.
Registrable water entitlements and contractual water rights need to be registered on the Water Register.
A registerable water entitlement is:
A contractual water right is a contractual right that a person holds in respect of another person’s registerable water entitlement.
Stock and domestic rights, riparian rights and annual water allocations therefore do not need to be registered on the Water Register.
Registration of water entitlements are made online. There is no charge to register.
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