18Water access licences

18 Water access licences

18 Water access licences

(1) A Member must disclose—

(a) the water access licence number of each water access licence in which the Member has an interest, and

(b) the nature of the interest in the water access licence.

(2) A disclosure is not required if—

(a) the Member—

(i) has the interest in the water access licence only in the Member’s capacity as the executor or administrator of the estate of a deceased person, and

(ii) is not a beneficiary under the will or intestacy, or

(b) the interest in the water access licence is disclosed under section 11.