This legislation has been repealed.
(1) Subject to this
Act and the relevant water allocation plan, the holder of a
forest water licence may transfer the whole or a part of the water allocation
attached to the licence—
(a) to
the holder of another forest water licence for a forest in the same
declared forestry area; or
(b) to
the holder of another forest water licence for a forest in a different
declared forestry area; or
(c) to
the holder of a water licence; or
(d) to
the Minister.
(2) A reference in subsection (1)(a)
, (b) or (c)
to a forest water licence or a water licence includes a reference to a licence
created to receive the relevant transfer.
(3) A transfer
requires the approval of the Minister.
(4) An application to
the Minister for his or her approval must—
(a) be
made in a form approved by the Minister; and
(b) be
accompanied by the fee prescribed by the regulations.
(5) The Minister must
refuse to grant approval for the transfer of a water allocation if the result
would be that the water allocation attached to the licence would fall below
the water required to offset the impact of the forest on the relevant
water resource (as determined under the relevant water allocation plan).
(6) The Minister may
refuse to grant approval for the transfer of a water allocation if the holder
of the licence is in breach of a condition of the licence.
(7) In addition, the
Minister's decision to grant or refuse approval for the transfer of a
water allocation—
(a) must
be consistent with the relevant water allocation plan; and
(b)
if—
(i)
the transfer is to the holder of another
forest water licence for a forest in a different declared area—must be
consistent with the water allocation plan for the water resource that is
relevant to the other forest water licence; or
(ii)
the transfer is to the holder of a water licence that
relates to a different prescribed water resource—must be consistent with
the water allocation plan for that other prescribed water resource; and
(c) must
be made in the public interest; and
(d) must
be consistent with requirements (if any) prescribed by regulation under this
paragraph (which regulation may prescribe circumstances where an application
for a transfer must be refused).
(8) Depending
on—
(a) the
class of the commercial forest under the other licence on a transfer under subsection (1)(a)
or (b), taking into account the provisions of the relevant
water allocation plan; and
(b) the
provisions of any relevant water allocation plan as to how water allocations
are to be converted or adjusted if transferred from 1 class of forest to
another, or in relation to 1 prescribed water resource to another,
the hydrological value of a water allocation may be reduced or increased (by
force of the provisions of a water allocation plan or plans and by force of
this subsection) on its transfer.
(9) Without limiting a
preceding subsection, if a forest property (vegetation) agreement to which a
forest water licence is attached comes to an end, the forest manager may,
subject to the regulations, deal with a water allocation attached to the
licence in a manner approved by the Minister.
(10) Despite the
provisions of the Stamp
Duties Act 1923 , the transfer of a water allocation under this section
is not chargeable with duty under that Act.