WATER ACT 2000 - SECT 992P
Effect of grant of water entitlement on existing authority to take or interfere with water under the special agreement
WATER ACT 2000 - SECT 992P
Effect of grant of water entitlement on existing authority to take or interfere with water under the special agreement
992P Effect of grant of water entitlement on existing authority to take or
interfere with water under the special agreement
(1) A relevant company’s authority to take or interfere with water continues
under the special agreement Act until 1 or more water entitlements are granted
under section 992O to wholly replace the authority.
(2) However, if 1 or more
water entitlements are granted under section 992Othat partly replace the
authority under the special agreement Act, the relevant company’s authority
to take or interfere with water under the special agreement Act continues to
operate but only to the extent the authority has not been replaced by the
water entitlement or water entitlements.
(3) Subsection (4) applies if the
chief executive and the relevant company agree that the water entitlement or
water entitlements granted under section 992Owholly replace the company’s
authority to take or interfere with water under a special agreement Act.
(4)
After the water entitlement or water entitlements are granted under
section 992Oto the relevant company to wholly replace the authority under the
special agreement Act—
(a) the company may only take or interfere with the
water under the water entitlement or water entitlements; and
(b) any
specified conditions for the special agreement Act cease to have effect.
(5)
This section applies despite anything to the contrary in the special agreement
Act.