sec.172Effect on priority of notices given under s 73 (1) (c)

### sec.172 Effect on priority of notices given under s 73 (1) (c) If the chief executive is given a notice about a water allocation under section 73 (1) (c) , the registrar must record the notice for the water allocation— within 60 business days after details of the water allocation are recorded on the water allocations register under section 146 (1) (b) ; and with the priority the interest mentioned in the notice had on the land registry for the land to which the interest relates as at the day the allocation is recorded. A notice recorded under subsection (1) — has the effect of encumbering the water allocation for which the notice is recorded with the interest mentioned in the notice; and for the application of section 173 , is taken to be a mortgage for the water allocation for the Land Title Act 1994 , part 6 , division 3 . No fee under this Act, including a titles registry fee, or duty under the Duties Act 2001 is payable for the recording of a notice under subsection (1) . s 172 sub 2014 No. 64 ss 67 (1) , 68 amd 2021 No. 12 s 129 (sec.172-ssec.1) If the chief executive is given a notice about a water allocation under section 73 (1) (c) , the registrar must record the notice for the water allocation— within 60 business days after details of the water allocation are recorded on the water allocations register under section 146 (1) (b) ; and with the priority the interest mentioned in the notice had on the land registry for the land to which the interest relates as at the day the allocation is recorded. (sec.172-ssec.2) A notice recorded under subsection (1) — has the effect of encumbering the water allocation for which the notice is recorded with the interest mentioned in the notice; and for the application of section 173 , is taken to be a mortgage for the water allocation for the Land Title Act 1994 , part 6 , division 3 . (sec.172-ssec.3) No fee under this Act, including a titles registry fee, or duty under the Duties Act 2001 is payable for the recording of a notice under subsection (1) . - (a) within 60 business days after details of the water allocation are recorded on the water allocations register under section 146 (1) (b) ; and - (b) with the priority the interest mentioned in the notice had on the land registry for the land to which the interest relates as at the day the allocation is recorded. - (a) has the effect of encumbering the water allocation for which the notice is recorded with the interest mentioned in the notice; and - (b) for the application of section 173 , is taken to be a mortgage for the water allocation for the Land Title Act 1994 , part 6 , division 3 .