(1) Two or more landholders of landholdings that are being worked on as 2 or more holdings may apply to the Minister to constitute a private water corporation in relation to those landholdings.
(2) An application is--(a) to be in the approved form, and(b) to be accompanied by a works plan for the corporation and proposed rules for the corporation, and(c) to be accompanied by any other information required by the Minister or prescribed by the regulations, and(d) to be accompanied by the fee (if any) prescribed by the regulations.