Queensland Consolidated Acts Queensland Consolidated Acts(1) Subject to subsection (2), an interest or dealing that may be registered for land under the Land Title Act 1994, may be registered for a water allocation on the water allocations register.
(2) An interest or dealing, the provisions for which are excluded under section 151(1)(e), may not be registered under this Act.
(3) If a water allocation is managed under a resource operations licence, the registrar must not record a transfer or lease of the allocation until the registrar has received from the resource operations licence holder notice in the approved form of the existence of a supply contract between the transferee or lessee of the allocation and the resource operations licence holder.
(4) The registrar must not record the transfer or lease of a water allocation not managed under a resource operations licence until the registrar receives a certificate under section 128B(4) about the transfer or lease.
(5) An instrument that purports to give effect to a dealing of the type mentioned in subsection (1) does not transfer or create an interest at law until it is registered on the register.