(1) This section applies if the responsible tenure holder for a water bore and
the bore owner enter into a make good agreement for the bore.
(2) The bore
owner may, within the cooling-off period for the agreement, terminate the
agreement by giving written notice to the responsible tenure holder for the
water bore.
(3) On the giving of the notice under subsection (2) , the
terminated agreement is taken never to have had effect.
(4) This section does
not apply to a make good agreement for a water bore that is the subject of a
decision of the Land Court under division 4 , subdivision 4 .
(5) In this
section—
"cooling-off period" , for a make good agreement for a water bore, means a
period of 5 business days—
(a) starting on the day the make good agreement
is entered into; and
