Victorian Current Acts

WATER ACT 1989 - SECT 33P

    (1)     The Minister may enter into a contract for the sale of a water share either—

        (a)     on conducting an auction for the sale of water shares; or

        (b)     after inviting and considering tenders for the sale of water shares; or

        (c)     in any other manner that the Minister thinks fit.

    (2)     The Minister must not enter into a contract for the sale of a water share unless he or she has first caused a notice to be published in the Government Gazette and in a newspaper circulating generally in the area of the proposed associated water system for the share—

        (a)     declaring that the water share is available to be purchased by any person who satisfies the requirements specified in the notice; and

        (b)     giving details of the method by which the water share is to be sold.

Division 4—Variation of water shares

S. 33Q inserted by No. 99/2005 s. 41.