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Title: Water rights trading
Author: Environment Agency
Document Type: Monograph
All abstractions of water, apart from certain exemptions defined in the Water Resources Act 1991, require an abstraction licence issued by the Environment Agency. Once granted an abstraction licence gives rights to the licence holder which are legally protected. Water rights trading is the transfer of licensable water rights from one party to another, for benefit. Benefit recognises that the parties will generally complete some form of transaction as part of this process, although this might not be financial. Trading is an entirely voluntary process and this leaflet responds to an increasing interest in trading expressed by abstractors.
Publisher: Environment Agency
Publication Date: [after 1996]
Publication Place: Bristol
Subject Keywords: Water abstractionLicencesTrade policies
Extent: n.p. [6]
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