NSWIn ForceAct
Water Management Act 2000
71RAmendment of share component of access licence
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#### 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.
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> > (2) Subsection (1) does not apply to a local water utility access licence or supplementary water access licence.
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> > (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.
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> > (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.
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> > (5) (Repealed)
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> **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 \[25\].