Water Act 2000

A make good agreement for a water bore is an agreement—

entered into by the following parties—

the responsible tenure holder for the make good obligations for the bore;

the bore owner; and

that provides for each of the following matters—

the outcome of the bore assessment for the bore;

whether the bore has or is likely to have an impaired capacity;

if the bore has or is likely to have an impaired capacity—the make good measures for the bore to be taken by the responsible tenure holder;

that the agreement may be terminated without penalty during the cooling-off period for the agreement; and

that is not terminated by the bore owner under section 423A at any time during the cooling-off period for the agreement.

However, an agreement is a make good agreement only to the extent it provides for the matters mentioned in subsection (1)(b).

In this section—cooling-off period, for a make good agreement for a water bore, see section 423A(4).