WATER ACT 2000 - SECT 188 Additional requirements for transfer of distribution operations licence to nominee

WATER ACT 2000 - SECT 188

188 Additional requirements for transfer of distribution operations licence to nominee

(1) This section applies to an application to transfer all or part of a distribution operations licence if—

(a) the transferee is the nominee of the current infrastructure owner; or

(b) the current infrastructure owner is transferring ownership of the water infrastructure to which the licence or part applies to another entity (the
"incoming owner" ) and the transferee for the licence or part is the nominee of the incoming owner.

(2) The application must be—

(a) accompanied by the written consent of—

(i) the current infrastructure owner, unless the owner is the applicant; and

(ii) if subsection (1) (b) applies—the incoming owner; and

(b) supported by sufficient information to enable the chief executive to decide whether or not to approve the nominee under section 178 .