(2) It is therefore declared to be the policy of the State of Oregon to:
(a) Aggressively promote conservation;
(b) Encourage the highest and best use of water by allowing the sale or lease of the right to the use of conserved water; and
(c) Encourage local cooperation and coordination in development of conservation projects to provide incentives for increased efficiency and to improve streamflows.
(3) As used in this section, "efficient utilization" means use without waste, upgrading of irrigation equipment to comply with modern practices within a reasonable time period or other methods used to meet both current and future water needs at the least cost. [1987 c.264 §2; 1993 c.641 §2; 2003 c.93 §1; 2005 c.22 §379]
Note: See note under 537.455.
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