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Ovens and King Regulated – High Reliability Water Share

The Ovens and King Regulated – High Reliability Water Share is one of approximately 70 regulated water market products. We collect information from Basin states on the most actively traded regulated water market products. This is in accordance with the Basin Plan water trading rules.

State: 

Victoria

Resource Name: 

Ovens and King

SDL resource unit: 

Ovens (SS4)

Priority or reliability: 

High

Form of take: 

Take from a regulated river

Total volume of the class on issue: 

26,194 ML

Fees and charges: 

Fees and charges associated with this water access right are available on the G-MW fees page.

Historic reliability of the class: 

History of allocations made available against issued water shares are available on the Seasonal Determination Summary page and earlier history is available on the Resource Manager webpage.

Carryover arrangements: 

No carryover available.

Timing and manner of making allocation announcements: 

As the Ovens is partly regulated and partly unregulated, allocation is set to 100% at the start of each season in the expectation that unregulated flows will be sufficient to supplement what is in storage. If, during the season, there is inadequate water, restrictions and rosters may be imposed by Goulburn–Murray Water from time to time.

How allocation levels are determined: 

As the Ovens is partly regulated and partly unregulated, allocation is set to 100% at the start of each season in the expectation that unregulated flows will be sufficient to supplement what is in storage. If, during the season, there is inadequate water, restrictions and rosters may be imposed by Goulburn–Murray Water from time to time.

Areas to which this water access right may be traded: 

For information on where this water access right (and any water allocation under such a right) may be traded to, refer to the following Victorian websites:

Note that:

  • the trading rules apply to the trading zone of the right or allocation being traded and the location to which it is being traded
  • this water access right may occur in more than one trading zone, and different trading rules may apply to the different trading zones
  • trade opportunities may vary over time, and
  • a trade cannot occur without approval.

Areas from which water access rights may be traded: 

For information on where this water access right (and any water allocation under such a right) may be traded to, refer to the following Victorian websites:

Note that:

  • the trading rules apply to the trading zone of the right or allocation being traded and the location to which it is being traded
  • this water access right may occur in more than one trading zone, and different trading rules may apply to the different trading zones
  • trade opportunities may vary over time, and
  • a trade cannot occur without approval.

Water resource type: 

Regulated System

Victorian Entitlement Type: 

Water Share

Last updated: 27 June 2023