Queensland Consolidated Acts Queensland Consolidated Acts(1) An owner of a water allocation is entitled to be paid reasonable compensation by the State if—
(a) a change reduces the value of the allocation; and
(b) the change is made within 10 years after the water resource plan is approved.
(2) This section does not apply to the owner of a water allocation for a change that reduces the value of the allocation if section 986A(1)(a) applies, unless no compensation is payable under section 986G(3) for the change.