Queensland Numbered Acts

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WATER AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 40 - SECT 51

51 Amendment of s 150 (Interests and dealings that may be registered)

(1) Section 150(4) and (5)—

renumber as section 150(5) and (6).

(2) Section 150—

insert—

'(4) Subsection (3) does not apply if—

(a) the resource operations licence holder and the transferee or lessee of the allocation are the same person; or
(b) the transferee or lessee of the allocation is a subsidiary company of the resource operations licence holder.'.

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