Provision for who is the holder of a water monitoring authority
334ZZE Provision for who is the holder of a water monitoring authority
If there is only 1 mineral development licence or mining lease to which a water monitoring authority relates, the holder of the authority is taken to be the person who, from time to time, holds the licence or lease to which the authority relates.
Subsections (3) and (4) apply if there is more than 1 mineral development licence or mining lease to which a water monitoring authority relates.
If, as a result of dealing with the mineral development licences or mining leases, all of the licences or leases are transferred to the same person, the transferee is taken to be the holder of the water monitoring authority.
If, as a result of dealing with the mineral development licences or mining leases, 1 or more but not all of the licences or leases are transferred to the same person, the person from whom the licences or leases were transferred continues to be the holder of the water monitoring authority.
A water monitoring authority, or an interest in a water monitoring authority, can not be transferred except by operation of law under this section.
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