47CApplication for conversion of licences or water shares to bulk entitlements

47C Application for conversion of licences or water shares to bulk entitlements

(1) An Authority that holds a water share or licence under section 51 may apply to the Minister to have the water share or licence converted to a bulk entitlement under this Division.

(2) An Authority that holds a water share or licence under section 51 must apply to the Minister to have the water share or licence converted to a bulk entitlement under this Division, if requested to do so by the Minister.

(3) An application to the Minister under this section must—

S. 47C(3)(c) amended by No. 29/2011 s. 3(Sch. 1 item 105.2).

S. 47CA inserted by No. 50/2010 s. 12.

47CA Minister may convert licence or water share to bulk entitlement

(1) The Minister may convert a water share or licence under section 51 that is held by an Authority to a bulk entitlement under this Division held by that Authority, on receiving an application from the Authority under section 47C.

(2) In considering an application under section 47C, the Minister must have regard to any matter referred to in section 40(1)(a) to (o).

S. 47CB inserted by No. 50/2010 s. 12.

47CB Effect of conversion

(1) On determining that a licence under section 51 or water share is converted to a bulk entitlement, the Minister must, by notice published in the Government Gazette—

(a) in the case of a licence under section 51, cancel the licence and either—

(i) amend an existing bulk entitlement to add the amount of water that may be taken and used in accordance with the licence; or

(ii) create a new bulk entitlement to the amount of water that may be taken and used in accordance with the licence; or

(b) in the case of a water share, cancel the water share and either—

(i) amend the bulk entitlement to add the maximum volume of the water share; or

(ii) create a new bulk entitlement with the maximum volume of the water share.

(2) The Minister may impose any terms and conditions on the bulk entitlement created or amended under subsection (1) that the Minister thinks fit.

(3) In creating or amending bulk entitlement under this section, the Minister is not required to comply with any other provisions of this Act.

S. 47D inserted by No. 86/1995 s. 10.

47D Minister may sell unallocated water

(a) an entitlement to take water has been converted, whether before or after the commencement of section 11 of the Water (Further Amendment) Act 1995, in accordance with section 47; and