valley account definition
valley account in Schedule D “has the meaning set out in sub-clause 11(2)” of that Schedule. It is an account recording the volume of water in the valley that, as a result of trade, is available for delivery to the ▇▇▇▇▇▇. “State transfer account” is • an account recording the adjustment to be made to water deliveries to SA as a result of transfers of entitlement or allocation between an upper State and SA; or Schedule 1 Adjusting valley accounts and state transfer accounts • an account recording the adjustment made to the volume of water in ▇▇▇▇ Reservoir that may be delivered to NSW or Victoria as a result of transfers of entitlement or allocation between NSW and Victoria.