This legislation has been repealed.
164H—Issuing of delivery capacity entitlements
(1) A delivery
capacity entitlement—
(a) must
specify, in such manner as the Minister thinks fit, the terms of the
entitlement; and
(b) is
subject to conditions—
(i)
prescribed from time to time by the regulations; or
(ii)
specified from time to time by the relevant
water allocation plan; or
(iii)
endorsed on the approval by the Minister; and
(c) may
be granted on the basis that it cannot be transferred except in conjunction
with the transfer of a specified water licence, water access entitlement or
water allocation; and
(d)
remains in force until the delivery capacity entitlement—
(i)
is terminated by or under this Act; or
(ii)
if relevant, expires under the terms of the
delivery capacity entitlement.
(2) Subject to any
provision made under subsection (1)(c)
, a delivery capacity entitlement is personal property and may pass to another
in accordance with the provisions of this Act or, subject to this Act, in
accordance with any other law for the passing of property.