40
In forceEffect of licensee ceasing to be an owner of land
Part 4Matters relating to water licences
Division 5Effects of land dealings or acquisition of land on water licences
Subdivision 1Effects of land dealings on water licences
40 Effect of licensee ceasing to be an owner of land
(1)
If a water licence attaches to land and the licensee ceases to be an owner of the land, on the day the licensee ceases to be the owner—
(a)
the licensee ceases to be the holder of the licence; and
(b)
the registered owner of the land becomes the new licensee.
(2)
The chief executive must give the new licensee a new licence that has the same effect as the previous licence.
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