Schedule 1—Transitional provision
1—Transitional provision
relating to Natural Resources Management Act 2004 and Water Resources
Act 1997
The penalties declared by the relevant Minister under section 132(1)(a) of the
Water Resources Act 1997 with respect to the taking of water in the
consumption period that corresponds to the 2003/2004 financial year accounting
period (as defined for the purposes of that section) will continue to apply
for the purposes of the Water Resources Act 1997 or the
Natural Resources Management Act 2004 (as the case requires) in respect
of succeeding consumption periods until a new penalty is declared by the
relevant Minister (either under section 132(1)(a) of the Water Resources
Act 1997 or section 115(1)(a) of the Natural Resources Management
Act 2004 (as the case requires)).