Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) On the commencement date, the licence to take or use surface water under the Water Act 1992 held by the resort owner is surrendered.
(2) The Controller of Water Resources within the meaning of the Water Act 1992 must issue a new licence to take or use surface water to the resort owner for 10 years.
(3) The new licence must be subject to the terms and conditions decided by the Planning Minister.
(4) On its issue, the new licence is taken to have been issued under the Water Act 1992 .
(5) However, the Controller of Water Resources:
(a) must amend or modify the new licence or renewed licence in accordance with a direction of the Planning Minister; and
(b) may amend or modify the new licence or renewed licence only with the Planning Minister's approval.
(6) In addition, a renewed licence must be subject to the terms and conditions decided by the Planning Minister.
(7) In this section:
"renewed licence" means:
(a) a licence issued by way of renewal or replacement of the new licence; or
(b) a licence issued by way of renewal or replacement of a licence mentioned in paragraph (a).