You will require this licence if you intend to buy or sell water entitlements or water that is available under a water entitlement. This is the only way of obtaining new or additional water allocations from the Yarra River catchment. Most water catchments are already allocated. If you want to divert water from the Yarra River catchment for commercial or irrigation needs, you will require a Diversion Licence.
You can trade some or all of your licensed water volume one of two ways:
- Permanently, where the rights to water are transferred to the buyer permanently an the seller relinquishes all future rights of access.
- Temporarily, where ownership of the licence remains with the original licence holder and temporary access is provided to the purchaser for the traded volumes. Temporary trades are issued on a year by year basis and must renewed by the applicant. At the end of the period, access reverts back to the original licence holder.
Please consult the Contact Officer for more information.