WATER MANAGEMENT ACT 2000 - SECT 73 Changes in co-holder's tenancy arrangements

WATER MANAGEMENT ACT 2000 - SECT 73

73 Changes in co-holder's tenancy arrangements

(1) A co-holder of an access licence (whether held as joint tenant or tenant in common) may apply to the Minister in the approved form to record an alteration in the way in which the licence is held by the co-holders (the
"co-holder's tenancy arrangement" ) in the Access Register.

(2) The alteration to the co-holder's tenancy arrangement takes effect when it is recorded in the Access Register.

(3) The Minister must not record the alteration unless--

(a) each co-holder of the licence that is affected by the alteration has consented to it being recorded, and

(b) any holder of a security interest over the licence or a holding in the licence that is affected by the alteration has consented to it being recorded.

(4) Subsection (3) (a) does not apply where a joint tenant unilaterally wishes to sever a joint tenancy by relinquishing the joint tenancy.

(5) The Minister may require an applicant to verify any information provided for the purposes of this section by statutory declaration.