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WATER MANAGEMENT ACT 2000 - SECT 71M Transfer of access licences

WATER MANAGEMENT ACT 2000 - SECT 71M

Transfer of access licences

71M Transfer of access licences

(cf former s 71A)

(1) Access licences may be transferred in accordance with this section.
(2) A local water utility access licence may be transferred only if the transferee is a local water utility.
(3) A major utility access licence may be transferred only if the transferee is a major utility.
(4) The consent of the Minister is required before--
(a) the transfer of an access licence of a category or subcategory prescribed by the regulations, or
(b) the transfer of an access licence in circumstances prescribed by the regulations.
(5) The consent of the proposed transferee is required before the transfer of any access licence.
(6) Two or more co-holders of an access licence that is transferred under this section are taken to hold the licence in the way recorded in the Access Register.
(7) This section applies to the transfer of a holding in an access licence in the same way as it applies to the transfer of an access licence held by a single person. However, holdings in access licences may be transferred only if the co-holders hold as tenants in common.
(8) A person who is the holder of a holding in an access licence may transfer it without the consent of any other persons who are co-holders of the access licence concerned.