This legislation has been repealed.
34—Transfer of water allocation
(1) An owner of an
irrigated property may agree with the authority for the district in which the
property is situated or with the owner of another irrigated property in that
district to transfer the whole, or a part, of the water allocation for his or
her property to the authority or to the other property for such sum of money
or other consideration as is agreed between them.
(2) The transfer of
the whole, or part, of a water allocation from one property to another is
subject to the approval of the authority.
(3) An application for
approval under subsection (2)—
(a) must
be made in a manner and form approved by the authority; and
(b) must
be accompanied by the prescribed fee.
(4) The applicant must
provide the authority with such information as it requires to consider and
determine the application.
(5) The authority's
approval may be conditional or unconditional.
(6) An authority may
transfer a water allocation, or part of a water allocation, transferred to it
under this section to an irrigated property in its district for such sum of
money or other consideration as is agreed between the authority and the owner
of the property.