Existing agreement about water facilities
325 Existing agreement about water facilities
This section applies to an agreement between a local government and an owner of land about a matter mentioned in section 163(1) if the agreement was—
entered into under another Act; and
in force immediately before the commencement.
From the commencement, the agreement is taken to be a water facility agreement entered into under this Act.
Subject to subsection (4), the agreement’s conditions continue to apply.
Unless the agreement is sooner terminated, it expires 4 years after the commencement or, if the agreement provides for an earlier expiration day, on the earlier expiration day.
The chief executive for lands who made, under the former Act, section 60, an endorsement about the agreement on a register kept under the Land Act or Land Title Act must—
remove the endorsement; and
make a record of the application of this section for the effective and efficient operation of the register.
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