Very similar and taken from the Football Victoria model.
From the FNSW FAQ
Why on a club championship and not on an individual team basis?
Throughout the consultation process it was clear that the operational advantages of having the gala day style fixtures for youth teams was very important to clubs. The ability to have players play up, have greater oversight from the technical director and further match day support such as sports trainers, referees and duty officers would be impacted if a club’s youth teams were playing at multiple venues on the same day.
Agree with this, and the only issue Erik Abrahams and I agreed on in the development workshops.
Very crucial to turning around the Club (team) within a club mentality in Australia. This provides for a true Academy approach towards football development.
Other than that if they don't over-regulate it will be fine. In Victoria the Admin created a 7 day mid-season transfer window, that is a joke.
They have other rules or rulings that have made the comp an amatuer hour excercise.