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WATER ACT 2007 - SECT 239E Living Murray Initiative assets unaffected

WATER ACT 2007 - SECT 239E

Living Murray Initiative assets unaffected

  (1)   This Part does not affect:

  (a)   the ownership or control of Living Murray Initiative assets; or

  (b)   the application of the Living Murray Initiative in relation to Living Murray Initiative assets.

  (2)   Living Murray Initiative assets are:

  (a)   water access rights, water delivery rights, irrigation rights or other similar rights relating to water; or

  (b)   interests in, or in relation to, such rights;

that are held by a person for the purposes of the Living Murray Initiative, but do not include the legal title to such rights or interests if the legal title was held by the Murray - Darling Basin Commission in its own name immediately before the commencement of this Part.