(1) The Minister may, on application by a person, approve—
(a) the transfer of ownership of a water share under this Division; or
S. 33X(1)(ab) inserted by No. 24/2013 s. 8.
(ab) the transfer of ownership of a water share that is subject to a mortgage recorded under clause 1 of Schedule 12A; or
(b) the giving of a limited term transfer under this Division; or
S. 33X(1)(ba) inserted by No. 28/2014 s. 9, amended by No. 48/2021 s. 14(1)(a).
(ba) the giving of a standing assignment; or
S. 33X(1)(c) substituted by No. 48/2021 s. 14(1)(b).
(c) the assigning or further assigning of the whole or a part of a water allocation under section 33U or 33V.
S. 33X(2) repealed by No. 54/2009 s. 6.
* * * * *
S. 33X(3) amended by No. 85/2006 s. 12(1), substituted by No. 32/2010 s. 12.
(3) The Minister must not—
(a) give an approval under subsection (1)(a)—
(i) if any fee under Division 9 that is payable in relation to the share is outstanding; or
(ii) for any other prescribed reason; or
(b) give an approval under subsection (1)(b) or (c) for any prescribed reason.
S. 33X(4) amended by No. 48/2021 s. 14(2).
(4) In giving an approval under subsection (1), the Minister must apply any relevant rules made under Division 13.
S. 33X(5) amended by No. 85/2006 s. 12(2).
(5) An approval under subsection (1)(a) or (b) remains in force—
(a) for the prescribed period; or
(b) if no period has been prescribed under paragraph (a), for 2 months.
S. 33Y inserted by No. 99/2005 s. 41.