We are seeking feedback on plans to reduce red tape and respond to market barriers for irrigation trusts under the existing Irrigation Act 2009.
What is being decided?
An amendment to the Irrigation Act 2009 has been requested by industry to reduce red tape and respond to market barriers under the existing legislative scheme.
The proposed amendment will provide a greater level of flexibility for a trust to pursue investment opportunities or restructure its business model to operate as an entity other than a trust (e.g. such as a corporation, association and co-operative) should it wish to do so.
This proposal is intended to facilitate new pathways for investment, and promote greater business efficiency and growth in South Australia’s critical irrigated agriculture sector. Read more about this here.
The Department of Environment, Water and Natural Resources is now seeking feedback on the draft amendment (PDF 35KB) by COB Friday 30 June 2017.
How can your input influence the decision?
The proposed amendment has been drafted to achieve the outcomes sought by industry.
Consultation is important to ensure that the amendment will achieve the outcomes sought and will not result in any unforeseen or undesired consequences for the agriculture industry.
Your input will be presented to the Minister for Water and the River Murray for consideration in finalising and settling the draft amendment before it is sought to bring the changes into effect. This amendment may be of particular relevance to irrigation trusts, potential investors and/or industry groups.
Have your say and submit your feedback by:
Senior Policy Officer
Department of Environment, Water and Natural Resources
Level 5 81-95 Waymouth Street
In providing feedback, please consider whether the amendment will provide the desired level of flexibility for a trust to pursue investment opportunities should it wish to do so.
Information about what we heard and what changed as a result will be available on this page following closure of the consultation period.
Upcoming key dates
Fri, 30 Jun 2017 at 5:00 PM