Victorian Current Acts

WATER ACT 1989 - SECT 46F

    (1)     For the purposes of transferring a bulk entitlement under section 46D, the Authority has the power to sell the whole or part of the bulk entitlement—

        (a)     at auction; or

        (b)     by inviting tenders; or

        (c)     in any other manner it thinks fit.

    (2)     If an Authority decides to sell the whole or part of a bulk entitlement under this section, the Authority must cause a notice to be published in the Government Gazette and in a newspaper circulating generally in the area concerned—

        (a)     declaring that the bulk entitlement, or a part of the bulk entitlement, is available for purchase; and

        (b)     giving details of the method by which the bulk entitlement or part is to be sold.

S. 46G inserted by No. 50/2010 s. 11.