Water Act 2000

Subsection (2) applies to a dam if—

a licence was granted under section 43 of the repealed Act for the dam; and

the dam is a dam prescribed under a regulation for this section.

On the commencement of this section—

the dam is a referable dam; and

the dam has the failure impact rating shown for the dam in the regulation; and

the licence, including its conditions that related to the safety of the dam, is taken to be a development permit.

The failure impact rating shown for the dam in the regulation is taken to be a failure impact assessment completed under section 483(2).

For section 483(8), the day the dam was prescribed is taken to be the day the last failure impact assessment was accepted by the chief executive.

If a failure impact assessment is completed and accepted by the chief executive for a dam for which a failure impact rating has been prescribed, the rating given under the assessment replaces the rating prescribed for the dam.