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Dealings and trade

Dealings and trade

There are two agencies involved in water access licence (WAL) dealings:

  • WaterNSW
  • Land and Property Information (LPI).

There are two types of WAL dealings:

  • General WAL dealings
  • Water allocation assignment dealings.

General WAL dealings

General WAL dealings under the Water Management Act 2000 include the trading of WALs, as well as any changes to a WAL.

WALs are maintained on the Water Access Licence Register (WAL Register) by LPI.

General WAL dealings only take effect when registered by LPI on the WAL Register. In most cases, the dealing application form must be accompanied by the water access licence certificate (WAL Certificate) before any transactions or dealings can be undertaken. If you do not already hold your WAL Certificate,  you  will  need to complete and lodge the application form Water access licence Title/Certificate release (PDF).

Please note this form can only be completed if there are no outstanding security interests.

Some general WAL dealings, including assignment of share component and change of nominated work, require consent by WaterNSW, before registration with LPI.

Steps for WAL transfer

Transfer a WAL
(except for transfers within the meaning of Schedule 9 Cl 1 of the
Water Management (General) Regulation 2011)

Term transfer a WAL
(except for term transfers within the meaning of Schedule 9 Cl 2 of the
Water Management (General) Regulation 2011)

Security interests

Devolution and Caveats

  • Application
  • Registration with LPI (WAL Register)

Steps for general WAL dealings

Assigning share component between WALs

Changing a WAL

Subdividing a WAL

Consolidating WALs

Exiting a holding from a WAL

  • Application
  • WaterNSW Assessment and determination
  • Registration with LPI (WAL Register)

Applying for a WAL dealing

You can apply for a WAL dealing using two options:

  • Go to Water Applications Online for an easy to use, interactive option. Applications using the online service can be processed faster than those submitted by post. Applicants can also track the progress  of their application using a unique reference number. Once completed, a copy of the application must be printed out, signed by all applicants, and faxed, emailed as a scanned attachment, posted or lodged in person at the WaterNSW office indicated in the online application. Application fees are paid online using a credit card. For more information on online payments go to Applying and paying online – frequently asked questions.
  • Download an application form as a PDF document or obtain a hardcopy from your local WaterNSW office. Complete it either in handwriting or onscreen using Adobe Acrobat Reader (Version 8 or above - download the latest version of Adobe Acrobat). The form must be signed by all applicants and submitted either by fax, by email as a scanned attachment, by post or lodged in person at your local WaterNSW office. When using the hardcopy application form, application fees can be paid by phone using a credit card, or by cheque made out to WaterNSW.

Water allocation assignment dealings

A water allocation is a volume of water (in megalitres) credited to a WAL water allocation account. All or part of the water allocation can be traded.

Water allocation assignment dealings under the Water Management Act 2000 in regulated and major inland groundwater systems must be lodged with WaterNSW.

Water allocation assignment dealings in unregulated rivers and groundwater systems NOT managed by WaterNSW are available in very limited circumstances where extraction is metered. WaterNSW is the consent and registration authority for these dealings.

Process for water allocation assignments dealings

Water allocation assignment dealings on regulated rivers and major inland groundwater systems - requires consent and registration by WaterNSW

Water allocation assignment dealings on unregulated rivers and other groundwater systems - requires consent and registration by WaterNSW

For more information go to Assigning water allocations between access licences.

What fees apply to dealing applications?

The current Independent Pricing and Regulatory Tribunal (IPART) determination identifies fees for WAL dealings. For more information on fees set by IPART go to Applications and fees.

If consent is granted, WaterNSW will provide you with the Notification Form for lodgement with LPI.

LPI charges fees for registering dealings and issuing the new or updated WAL Certificate.

More information on dealings

Go to Dealings process for information on how to undertake dealings.

Search the NSW Water Register for statistics on:

Friday 23 February
1,982,741 ML
2,581,749 ML
13,793 ML
1,971 ML
-15,937 ML
Friday 23 February