sec.1215Transfer scheme

### sec.1215 Transfer scheme This subdivision facilitates the restructure of the bulk water industry in the SEQ region by providing for a scheme (the scheme ) to transfer particular authorities to take water, or to take and interfere with water— to the bulk water supply authority; or from the bulk water supply authority to other entities. Under the scheme— a prescribed water authority may, under this subdivision, be replaced by 1 or more authorities to— take water; or take and interfere with water; and generally, a water authority mentioned in paragraph (a) is transferred from the holder of the prescribed water authority (each a transferring entity ) to an entity that will hold the authority to take water, or the authority to interfere with water (a receiving entity ). s 1215 ins 2012 No. 39 s 77 (sec.1215-ssec.1) This subdivision facilitates the restructure of the bulk water industry in the SEQ region by providing for a scheme (the scheme ) to transfer particular authorities to take water, or to take and interfere with water— to the bulk water supply authority; or from the bulk water supply authority to other entities. (sec.1215-ssec.2) Under the scheme— a prescribed water authority may, under this subdivision, be replaced by 1 or more authorities to— take water; or take and interfere with water; and generally, a water authority mentioned in paragraph (a) is transferred from the holder of the prescribed water authority (each a transferring entity ) to an entity that will hold the authority to take water, or the authority to interfere with water (a receiving entity ). - (a) to the bulk water supply authority; or - (b) from the bulk water supply authority to other entities. - (a) a prescribed water authority may, under this subdivision, be replaced by 1 or more authorities to— (i) take water; or (ii) take and interfere with water; and - (i) take water; or - (ii) take and interfere with water; and - (b) generally, a water authority mentioned in paragraph (a) is transferred from the holder of the prescribed water authority (each a transferring entity ) to an entity that will hold the authority to take water, or the authority to interfere with water (a receiving entity ). - (i) take water; or - (ii) take and interfere with water; and