Pilot Allocation Leaseback Measure project Another water recovery project in development involves the use of innovative ‘leasebacks’. The inclusion of a ‘leaseback’ makes this pilot different from most other water recovery measures and most trades in the water market. A leaseback arrangement involves purchasing water entitlements from willing sellers, but returning a portion of the water allocation to the seller under a contract with specific conditions negotiated by the buyer and seller. A decision about whether this pilot project will proceed is scheduled for consideration at the Murray-Darling Basin Ministerial Council’s October 2007 meeting. Ongoing monitoring is included the pilot projects to ensure that they are implemented in a way that will inform any future decisions made regarding purchasing water entitlements. Top of page
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