sec.157Transfers or leases of water allocations not managed under a resource operations licence

### sec.157 Transfers or leases of water allocations not managed under a resource operations licence A water allocation holder who proposes to transfer or lease a water allocation not managed under a resource operations licence must give the chief executive notice of the proposed transfer or lease. The notice must be— in the approved form; and accompanied by the fee prescribed by regulation. The chief executive must give the water allocation holder a certificate about the proposed transfer or lease within 10 business days after receiving the notice. s 157 ins 2014 No. 64 s 68 (sec.157-ssec.1) A water allocation holder who proposes to transfer or lease a water allocation not managed under a resource operations licence must give the chief executive notice of the proposed transfer or lease. (sec.157-ssec.2) The notice must be— in the approved form; and accompanied by the fee prescribed by regulation. (sec.157-ssec.3) The chief executive must give the water allocation holder a certificate about the proposed transfer or lease within 10 business days after receiving the notice. - (a) in the approved form; and - (b) accompanied by the fee prescribed by regulation.