Australian Water Information Dictionary
Trade of water access entitlement between legal entities of different water allocation plans where the entitlement remains subjected to the allocation rules of the water allocation plan where the entitlement was sold (the selling water allocation plan). When an annual allocation announcement is subsequently made on the water access entitlement in the selling water allocation plan, the tag is automatically activated and the original purchaser is credited with the volume allocated, less any applicable exchange rate or transfer loss. In the National Water Account, annual allocation tagged on behalf of the original purchaser are reported together with transfers of water allocations between different legal entities.
This definition applies to: