Transfer scheme
1215 Transfer scheme
This subdivision facilitates the restructure of the bulk water industry in the SEQ region by providing for a scheme (the scheme) to transfer particular authorities to take water, or to take and interfere with water—
to the bulk water supply authority; or
from the bulk water supply authority to other entities.
Under the scheme—
a prescribed water authority may, under this subdivision, be replaced by 1 or more authorities to—
take water; or
take and interfere with water; and
generally, a water authority mentioned in paragraph (a) is transferred from the holder of the prescribed water authority (each a transferring entity) to an entity that will hold the authority to take water, or the authority to interfere with water (a receiving entity).
This Act’s bill:Explanatory memorandum
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