WATER ACT 2000 - SECT 373 Obligation to give notice of closure—relevant events

WATER ACT 2000 - SECT 373

373 Obligation to give notice of closure—relevant events

(1) This section applies to a resource tenure holder if—

(a) the obligation to give a final report does not apply to the holder because the holder makes a renewal application for the tenure before the time for making the application expires; and

(b) after the holder gives the chief executive a written declaration stating that the holder intends to apply for a renewal of the tenure, any of the following happens (each a
"relevant event" )—

(i) the holder withdraws the renewal application;

(ii) the renewal application for the tenure is rejected;

(iii) the renewal application is granted, and the holder later makes a surrender application for the tenure.

(2) The holder must, on the day the relevant event happens, give the chief executive a notice of closure complying with section 372 (3) .

Penalty—

Maximum penalty—500 penalty units.

(3) However, subsection (2) applies only if the resource tenure holder has started exercising its underground water rights.