239DConversion of private water trust to private water corporation

#### 239D Conversion of private water trust to private water corporation 239D Conversion of private water trust to private water corporation > > (1) A private water trust may apply to the Minister to convert the trust to a private water corporation. > > > (2) An application is— > > > > > (a) to be in the approved form, and > > > > > (b) to be accompanied by a works plan for the corporation and proposed rules for the corporation, and > > > > > (c) to be accompanied by any other information required by the Minister or prescribed by the regulations, and > > > > > (d) to be accompanied by the fee (if any) prescribed by the regulations. > > > (3) The Minister must not grant the application unless the Minister is satisfied that not less than two thirds of the members of the trust have approved of the application being made. > > > (4) The application is to be dealt with as if it were an application for the constitution of a corporation made in accordance with Part 2. > > > (5) The regulations may make provision for or with respect to the following matters— > > > > > (a) the modification of the application of the provisions of Part 2 for the purposes of this section, > > > > > (b) provisions of a savings and transitional nature and any other matter consequent on or ancillary to the creation of the corporation. > > **s 239D:** Ins 2010 No 133, Sch 2\[59\].