LANDPLAN bulletin 15
chestertonhumberts.com
Key points of Trading of Abstraction licence
Licence trades can be permanent or temporary, whole or part licence. The EA will grant a new or varied licence to the buyer and revoke or reduce quantities of the seller’s licence accordingly
Trading will often involve change in the abstraction location and possibly a change in water use. The EA will need to approve this by granting a new licence or varying an existing one
The EA will advise before an application whether proposed trading is likely to be licensed, depending on water availability