WATER MANAGEMENT ACT 2000 - SECT 236
Sale or transfer of members' water entitlements
WATER MANAGEMENT ACT 2000 - SECT 236
Sale or transfer of members' water entitlements
236 Sale or transfer of members' water entitlements
(1) A member of a
private water trust may sell or transfer the whole or any part of the member's
water entitlement to another member or to the trust.
(2) A member must not
sell or transfer the whole or part of the member's water entitlement under
this section unless the sale or transfer has been approved by the trust in
accordance with the rules or the regulations.
(3) A sale or transfer by a
member does not affect the member's membership of the trust, except as
provided by this Act and the rules of the trust.
