Queensland Consolidated Acts Queensland Consolidated Acts(1) The chief executive may approve standard supply contracts for the storage and delivery by resource operations licence holders of water under water allocations.
(2) Different supply contracts may be approved for different areas of the State.
(3) The chief executive must gazette the approval of each standard supply contract.
(4) On the day an allocation is granted, the standard supply contract for the area applies to the allocation unless—
(a) the allocation holder and the resource operations licence holder have a supply contract for the allocation; or
(b) section 121(3) applies to the allocation.
(5) The parties to the supply contract must review the contract within 1 year after the day the contract takes effect.