NSWIn ForceAct
Water Management Act 2000
239PWinding up of private water trusts
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#### 239P Winding up of private water trusts
239P Winding up of private water trusts
> > (1) The Minister may, by order published in the Gazette, order that a private water trust be wound up if—
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> > > (a) requested to do so by the trustees after a resolution to wind up the trust was passed at a meeting of the trust by not less than 75% of the members of the trust, or
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> > > (b) the administrator of the trust has recommended that the trust be wound up.
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> > (2) The order must appoint a person as the liquidator of the trust.
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> > (3) The regulations may make provision for or with respect to the winding up of a trust and for the disposal of residual assets held by or on behalf of the trust.
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> > (4) The Minister may, by order published in the Gazette, abolish a trust if satisfied that the winding up of the trust under this section has been completed.
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> **s 239P:** Ins 2010 No 133, Sch 2\[59\].