Queensland Consolidated Acts(1) Subsection (2) applies to a change to a water allocation if the change is permitted under the water allocation change rules of a resource operations plan.
(2) The allocation holder may apply to the chief executive to change the allocation in accordance with the rules.
(3) The application—
(a) must be in the approved form; and
(b) may relate to 1 or more of the elements of the allocation mentioned in section 128; and
(c) must be accompanied by the fee prescribed under a regulation.
(4) If the change to which the application relates is permitted under the resource operations plan, the chief executive must give the applicant a certificate stating that the proposed change is allowed under the plan.
(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.
(6) If the water allocation holder lodges the certificate with the registrar, the registrar must record on the water allocations register details of the change.
(7) However, if the allocation is managed under a resource operations licence, the registrar must not act under subsection (6) until the registrar has received from the resource operations licence holder notice in the approved form of the existence of a supply contract between the allocation holder and the resource operations licence holder.
(8) Subsection (7) does not apply if—
(a) the resource operations licence holder and the allocation holder are the same person; or
(b) the allocation holder is a subsidiary company of the resource operations licence holder.
(9) The change has effect the day the registrar records the change in the register.