sec.201Provision for who is the authority holder

### sec.201 Provision for who is the authority holder If there is only 1 petroleum tenure to which a water monitoring authority relates, the authority holder is taken to be the person who, from time to time, holds the petroleum tenure to which the authority relates. Subsections (3) and (4) apply if there is more than 1 petroleum tenure to which a water monitoring authority relates. If, as a result of dealings with the tenures, all of the tenures are transferred to the same person, the transferee is taken to be the holder of the authority. If, as a result of dealings with the tenures, 1 or more but not all of the tenures are transferred to the same person, the person from whom the tenures were transferred continues to be the holder of the water monitoring authority. s 201 sub 2004 No. 26 s 113 amd 2011 No. 2 s 121 ; 2014 No. 47 s 540 (sec.201-ssec.1) If there is only 1 petroleum tenure to which a water monitoring authority relates, the authority holder is taken to be the person who, from time to time, holds the petroleum tenure to which the authority relates. (sec.201-ssec.2) Subsections (3) and (4) apply if there is more than 1 petroleum tenure to which a water monitoring authority relates. (sec.201-ssec.3) If, as a result of dealings with the tenures, all of the tenures are transferred to the same person, the transferee is taken to be the holder of the authority. (sec.201-ssec.4) If, as a result of dealings with the tenures, 1 or more but not all of the tenures are transferred to the same person, the person from whom the tenures were transferred continues to be the holder of the water monitoring authority.