(1)  Where the register of licences, water allocations and permits includes a notation that a person has a financial interest in a licence or a water allocation of a licence, the holder of the licence must provide written evidence to the Minister that that person consents to the transfer of the licence or all or part of a water allocation of that licence under this Division.

(2)  However, subsection (1) does not apply to –

(a) a temporary transfer under section 103 ; or

(b) a transfer under section 95 for a period of less than 12 months if, after that period, the licence or, as the case may be, the full or partial water allocation is intended to be transferred back to the licensee who, but for this subsection, would be required to provide the written evidence of consent to the Minister; or

(c) a transfer where the transferor and the transferee are the same person.