71RAmendment of share component of access licence

#### 71R Amendment of share component of access licence 71R Amendment of share component of access licence (cf former s 71E) > > (1) On the application of the holder of an access licence, the Minister may consent to the cancellation of the access licence and the grant of a new access licence with a share component specifying a different water source or water management area. > > > (2) Subsection (1) does not apply to a local water utility access licence or supplementary water access licence. > > > (3) An access licence arising under this section may only be granted— > > > > > (a) subject to the mandatory conditions applicable to an access licence of the same category or subcategory for the water management area or water source specified in its share component, and > > > > > (b) for a period no greater than the residue of the period for which the cancelled access licence would have had effect if it had not been cancelled. > > > (4) Any interests that subsisted in the cancelled access licence, as in force immediately before it was cancelled, become equivalent interests in the new access licence. > > > (5) (Repealed) > > **s 71R (previously s 71E):** Ins 2002 No 138, Sch 2 \[20\]. Am 2004 No 39, Sch 3 \[13\] \[14\]. Renumbered 2004 No 39, Sch 3 \[25\].