What it does
This instrument sets out the statutory architecture, powers, governance, reporting obligations and financial obligations of the Queensland Bulk Water Supply Authority (the Authority). The Act continues the Authority in existence (s 6(1)), while expressly providing that the Authority is not a body corporate, does not have perpetual succession (s 6(2)) and does not represent the State (s 6(3)). The Authority is given broad capacities to act like an individual , it may enter contracts, hold and dispose of property, employ staff, appoint agents and attorneys, engage consultants, fix charges for services, and generally do anything necessary or convenient to perform its functions (s 7(1)). It may also sue and be sued in the name given under s 6(1) (s 7(4)). The Authority’s functions are stated in s 9, and include carrying out water activities and ancillary activities, supplying water services, providing industry services (engineering, operations and maintenance, business management, energy generation, scientific services), developing water supply works, and improving supply, delivery and water quality by defined measures such as riverine protection, soil erosion control and nutrient management (s 9(1)(a)-(g)). The Authority must carry out its functions as a commercial enterprise, subject only to community service obligations required under the Act (s 11).
Governance is through a board (s 14), with ministerial appointment powers (s 16-18) and a chief executive officer appointed by the board with the responsible Ministers’ prior written approval (s 27). The board writes and implements strategic and operational plans, which require ministerial agreement (s 45-49), and the operational plan must state community service obligations and their costings and funding arrangements (s 51, 57). Ministers may issue a statement of obligations (s 51A-51D) and may direct modifications to plans (s 46, 50). The responsible Ministers have an express power to direct the board in the public interest in exceptional circumstances (s 61), may prohibit disposal of specified assets after consultation (s 58), and must be kept reasonably informed through quarterly reports and other reports (s 36-38). Financial accountability provisions apply: the Authority is a statutory body under the Financial Accountability Act 2009 and the Statutory Bodies Financial Arrangements Act 1982 (s 34), must pay an annual return to the State (s 53-54), and may be subject to a tax equivalents manual determined by the responsible Ministers (s 62). The Authority expires at the end of 99 years from establishment and the State is successor in law on expiry (s 64).