Victorian Current Acts

WATER ACT 1989 - SECT 48OG

    (1)     On determining that a licence under section 51 or water share is converted to an environmental entitlement, the Minister must, by notice published in the Government Gazette—

        (a)     in the case of a licence under section 51, cancel the licence and either—

              (i)     amend an existing environmental entitlement to add the amount of water that may be taken and used in accordance with the licence; or

              (ii)     create a new environmental entitlement to the amount of water that may be taken and used in accordance with the licence; or

        (b)     in the case of a water share, cancel the water share and either—

              (i)     amend the environmental entitlement to add the maximum volume of the water share; or

              (ii)     create a environmental bulk entitlement with the maximum volume of the water share.

    (2)     The Minister may impose any terms and conditions on the environmental entitlement created or amended under subsection (1) that the Minister thinks fit.

    (3)     In creating or amending an environmental entitlement under this section, the Minister is not required to comply with any other provisions of this Act.

S. 48P inserted by No. 99/2005 s. 24.