(1) The Arkansas Natural Resources Commission may delegate the power to allocate water during times of shortage, as provided in this subchapter, to conservation districts and regional water districts.
(2) A district to which the commission has delegated its authority to allocate water during shortages shall have all powers under this subchapter and shall be governed by the procedures set out in this subchapter.
(3) The commission shall provide technical assistance and shall establish guidelines which shall be followed by districts to which the commission has delegated powers.
(4) The commission shall have all the necessary power to effectuate this delegation, including, but not limited to, the power to determine disputes between, approve or disapprove regulations or rules of, and hear appeals from decisions of districts to which the commission has delegated powers.
(5) The commission may reserve any or all power in itself and may withdraw its delegation of power at any time.