Australian Water Information Dictionary

water liability

A present obligation of the water report entity, the discharge of which is expected to result in a decrease in the water report entity’s water assets or an increase in another water liability.

This definition applies to:

Glossary for Standards: Water Accounting Conceptual Framework
Glossary for Standards: Australian Water Accounting Standards
Glossary for Water status: National Water Account 2010
Glossary for Water status: National Water Account 2011
Glossary for Water status: National Water Account 2012-2017

Australian Water Information Dictionary

water liability

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