Water Management Act 1999
77Surrender of licences
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77 Surrender of licences
[Section 77 Substituted by No. 56 of 2008, s. 39, Applied:11 Feb 2009]
(1) Subject to subsection (2) , a licensee may surrender his or her licence at any time by giving the Minister written notice to that effect.
(2) [Section 77 Subsection (2) amended by No. 33 of 2015, s. 15, Applied:01 Jan 2016] However, if the register of licences, water allocations and permits includes a notation that a person has a financial interest in the licence or a water allocation of the licence, the surrender is not effective unless it has the written consent of that person.
(3) On the surrender, a water allocation of the licence vests in the Minister.