New South Wales Consolidated Acts

WATER MANAGEMENT ACT 2000 - SECT 161

161 Effect of sale of land

(1) If a member of a corporation sells to a person land to which the corporation provides or is able to provide water supply or drainage services--

(a) the member ceases to be a member in respect of that land when that sale takes effect, and

(b) the purchaser is taken to be a member of the corporation when the sale takes effect, and

(c) the purchaser has all the entitlements and liabilities of the vendor as a member, in respect of the land, that the vendor had immediately before the sale took effect.

(2) A member of a corporation who sells land as referred to in this section must notify the corporation of the sale in accordance with any requirements of the regulations or the rules.