(1) The members of an
irrigation trust may apply to the Minister for the dissolution of the trust.
(2) The
application—
(a) must
be made in a manner and form determined by the Minister; and
(b) be
accompanied by the prescribed fee.
(3) The decision by a
trust to dissolve must be made pursuant to a resolution of the trust.
(4) A resolution under
subsection (3) must be supported by 80% or more of the number of votes
cast at a meeting of the trust.
(5) If the Minister is
satisfied that due application has been made, the Minister may dissolve the
trust by notice in the Gazette.
(6) The notice will
operate from the date of publication or from a later date specified in the
notice.
(7) When the notice
comes into operation—
(a) the
trust is dissolved; and
(b) any
water licence held by the trust—
(i)
will vest in 1 or more persons determined or
approved by the Minister; or
(ii)
will be dealt with in some other manner determined or
approved by the Minister,
subject to the operation of the Natural Resources Management Act 2004 .
(8) The Minister must
consult with the Minister responsible for the administration of the
Natural Resources Management Act 2004 before acting under
subsection (7)(b).
(9) The notice may
impose such terms and conditions as the Minister thinks fit—
(a) on
the members of the trust; and
(b) on
other persons who own or occupy land that, immediately before the dissolution
of the trust, constitutes serviced property under this Act.