(1)  A licence –

(aa) is to specify the name and address of the licensee; and

(a) may specify the water resource from which the water is to be taken; and

(b) may be endorsed with a water allocation or water allocations expressed as provided by section 83 notwithstanding that all or part of the water allocation or water allocations may be temporarily transferred to another licensee under Division 4 ; and

(c) may, where the Minister considers it to be appropriate, specify the surety with which a water allocation can be expected to be available for taking; and

(d) may specify conditions under which the licensee may take water or the licence or a water allocation of the licence may be transferred under Division 4 ; and

(da) may specify conditions under which the licensee may undertake well works; and

(e) may specify when the Minister may vary the conditions of the licence; and

(f) may specify such other conditions and matters as the Minister thinks fit.

(2)  Where a licence is endorsed with more than one water allocation, subsection (1) may apply in respect of each allocation separately.