Water Act 2000

Subsection (2) applies if—

a water entitlement holder gives the chief executive notice in the approved form that the holder no longer wishes the holder’s water to be taken under the operations licence; or

a water entitlement holder ceases to be a water entitlement holder.

The chief executive must—

amend the operations licence; and

give the licensee a copy of the notice received under subsection (1)(a) and an amended licence in the approved form; and

advise the water entitlement holder of the action taken.

The amended licence takes effect from the day stated in the amended licence.

Unless the licensee otherwise consents, the day stated in the amended licence must not be earlier than 5 business days after the day the chief executive gives the licensee an amended licence.

If subsection (2) applies because of subsection (1)(b), the amendment may, with the consent of the new water entitlement holder and the licensee, include the new holder instead of the previous holder.