(a) If both the lessor and lessee are private parties, the lessor shall file an application with the board for approval of the lease agreement and shall include in the application all of the following: (1) The information and materials described in subdivisions (a) to (e), inclusive, of Section 1025. (2) Other information that the state board determines is necessary to review the application. (3) The application fee set pursuant to Section 1525. (b) The board, after providing notice and opportunity for a hearing, may approve the lease if, in the judgment of the board, the lease would not operate to injure the legal users of water or unreasonably affect fish, wildlife, or other instream beneficial uses.
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