MCU14/0082 - Deed of Licence

Commencement          Date means the date specified in Item 58 of the Reference Schedule.

DR Act means the South-East          Queensland    Water (Distribution   and Retail Restructuring)
Act 2009 (Qld) together with all associated legislation and any additional or substituted
legislation.
Essential    Term means each of the following obligations:

(a)        regarding the Permitted Use of the Licensed Area;

(b)        requirement to obtain approvals and consents from any Government Authority;

(c)        maintenance and cleanliness of the Licensed Area;

(d)        assignment of the Licence;

(e)        taking out and maintaining insurance;
(f)        reporting and repairing any damage to the Licensed Area.

Expiry Date means the date specified in Item 5C of the Reference Schedule.

Government        Authority   means the Crown, a Minister, a government department, a
corporation or authority constituted for a public purpose, a court and an officer, employee
or agent of any of the foregoing acting as such.
Land means the land specified in Item 2A of the Reference Schedule.

Law means:

(a)     those principles of law or equity established by decisions of Australian courts;
(b)     statutes, regulations, by-laws, policies or ordinances of any Australian Government
        Authority; and
(c)     requirements of Australian Government Authorities made or arising under or
        pursuant to any of the matters referred to in paragraphs (a) or (b) above.

Licence means the non-exclusive licence to enter upon the Licensed Area during the Term
in common with UNITYWATER in accordance with the terms and conditions in this Deed
and the schedules and annexures attached to it.
Licensed     Area means the area described in Item 28 of the Reference Schedule.

Licence Fee means the amount stated in Item 3 of the Reference Schedule.

LICENSEE's       Agents   includes the employees, agents, licensees, invitees, contractors and
sub-contractors of the LICENSEE.
Permitted    Purpose means the purpose described in Item 4 of the Reference Schedule.

Personnel      means the personnel of a party, its contractors and its partners.

State means the State of Queensland.

Term means the term specified in Item 5A of the Reference Schedule unless terminated
earlier in accordance with clause 10.
Water Operations means water infrastructure (as defined under the DR Act) and all other
associated facilities, infrastructure and improvements operating in or around the Licensed