New South Wales Consolidated Regulations
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WATER MANAGEMENT (GENERAL) REGULATION 2004 - REG 21B
Exemption from certain requirement concerning registration of security interests in replacement access licences
21B Exemption from certain requirement concerning registration of security
interests in replacement access licences
A person claiming a security interest in a replacement access licence is
exempt from the requirement of clause 19 (5) (d) of Schedule 10 to the Act
that the person advise the holder of the licence of the existence of the
security interest claimed and give written notice of the advice to the
Director-General, but only if the licence holder requests the
Director-General, in writing, to register the security interest.
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