reg 9
In forceCreation of security interest—tenants in common
Part 4Security interests
9 Creation of security interest—tenants in common
(1)
A tenant in common holding an interest in respect of a water licence or a water access entitlement (or part of a water access entitlement) may create a security interest over that interest without the consent of a tenant in common holding another interest in the same water licence or water access entitlement.
(2)
This regulation applies from a day determined by the
Minister.
(3)
A determination under subregulation (2) must be published in the
Gazette.
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