Queensland Consolidated Acts Queensland Consolidated Acts(1) A water allocation holder who proposes to transfer or lease a water allocation not managed under a resource operations licence must give the chief executive notice of the proposed transfer or lease.
(2) The notice must be—
(a) in the approved form; and
(b) accompanied by the fee prescribed under a regulation.
(3) The chief executive may require the water allocation holder to give the chief executive additional information about the proposed transfer or lease.
(4) The chief executive must give the water allocation holder a certificate about the proposed transfer or lease, within 10 business days after—
(a) receiving the notice; or
(b) if the chief executive has required further information under subsection (3)—receiving the additional information.
(5) The certificate—
(a) must be in the approved form; and
(b) remains valid—
(i) until the date stated in the certificate; or
(ii) if the certificate does not state a date—for 40 business days.