(c) the remaining part of
the land no longer adjoined the watercourse, lake or spring from which water
could be taken under the allocation; and
(d) no application was made under
section 198(3) as in force immediately before the commencement.
(2) The
interim water allocation is taken to have been surrendered and the chief
executive must deal with the allocation under section 197(3).
(3) However
subsection (2) does not apply if, within 60 business days after the
commencement, the holder of the allocation satisfies the chief executive that
the requirements of section 206(3)(b) have been met in relation to the
allocation.