sec.196Cancelling licence no longer required

### sec.196 Cancelling licence no longer required The chief executive may cancel a resource operations licence if— another resource operations licence has been granted to replace the licence to be cancelled; or the chief executive and the resource operations licence holder have agreed the resource operations licence is no longer required. The chief executive may cancel a distribution operations licence if— another distribution operations licence has been granted to replace the licence to be cancelled; or the chief executive and the distribution operations licence holder have agreed the distribution operations licence is no longer required. If the chief executive decides to cancel a licence under subsection (1) or (2) , the chief executive must, within 30 business days after making the decision, give an information notice about the decision to— the licence holder; and for a distribution operations licence held by the approved nominee of the water infrastructure owner—the owner. The cancellation takes effect from the day the chief executive gives the licence holder the information notice. s 196 (prev s 194) renum 2001 No. 75 s 50 amd 2008 No. 34 s 687 ; 2013 No. 23 s 252 sub 2014 No. 64 ss 67 (1) , 68 (sec.196-ssec.1) The chief executive may cancel a resource operations licence if— another resource operations licence has been granted to replace the licence to be cancelled; or the chief executive and the resource operations licence holder have agreed the resource operations licence is no longer required. (sec.196-ssec.2) The chief executive may cancel a distribution operations licence if— another distribution operations licence has been granted to replace the licence to be cancelled; or the chief executive and the distribution operations licence holder have agreed the distribution operations licence is no longer required. (sec.196-ssec.3) If the chief executive decides to cancel a licence under subsection (1) or (2) , the chief executive must, within 30 business days after making the decision, give an information notice about the decision to— the licence holder; and for a distribution operations licence held by the approved nominee of the water infrastructure owner—the owner. (sec.196-ssec.4) The cancellation takes effect from the day the chief executive gives the licence holder the information notice. - (a) another resource operations licence has been granted to replace the licence to be cancelled; or - (b) the chief executive and the resource operations licence holder have agreed the resource operations licence is no longer required. - (a) another distribution operations licence has been granted to replace the licence to be cancelled; or - (b) the chief executive and the distribution operations licence holder have agreed the distribution operations licence is no longer required. - (a) the licence holder; and - (b) for a distribution operations licence held by the approved nominee of the water infrastructure owner—the owner.