New South Wales Consolidated Acts
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STATE WATER CORPORATION ACT 2004 - SECT 14
Term of operating licence
(1) The initial term of the operating licence is to be for a maximum of 3
years, as determined by the Governor.
(2) After the initial term, the
Governor may renew the operating licence for a maximum of 5 years at a time.
(3) The operating licence may be renewed even if its term has expired.
Note:
See section 11 for renewals of the operating licence.
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