Queensland Consolidated Acts(1) Subsection (2) applies if a resource operations plan states a process for the granting of a water allocation to meet future water requirements.
(2) The chief executive must follow the process and grant the allocation in accordance with the process.
(3) On the day the allocation is granted, the registrar must record on the water allocations register details of the allocation.
(4) If the allocation is managed under a resource operations licence, the allocation holder and the resource operations licence holder must have a supply contract for the allocation.
(5) Subsection (4) does not apply if the resource operations licence holder and the allocation holder are the same person or related entities.
(6) Within 30 business days after the chief executive grants the allocation, the chief executive must give the allocation holder a notice about the granting of the allocation.
(7) The allocation has effect the day the registrar records the granting of the allocation in the register.