New South Wales Consolidated Acts

SNOWY HYDRO CORPORATISATION ACT 1997 - SECT 24

24 Term of licence

(1) The term of the Snowy water licence is to be 75 years.

(2) Except as provided by an Act:

(a) the licence may not be renewed, and

(b) a further licence may not be issued (unless it is issued on the revocation of the licence and its term does not exceed the balance of the term of the revoked licence).