93Sustainable management principles for water corporations

93 Sustainable management principles for water corporations Each water corporation, in performing its functions, exercising its powers and carrying out its duties must have regard to the following principles— (a) the need to ensure that water resources are conserved and properly managed for sustainable use and for the benefit of present and future generations; and (b) the need to encourage and facilitate community involvement in the making and implementation of arrangements relating to the use, conservation and management of water resources; and S. 93(c) substituted by No. 23/2019 s. 50. (c) the need to integrate both long term and short term— (i) economic, environmental and equitable considerations; and (ii) Aboriginal cultural considerations; and (iii) social and recreational considerations; and (d) the need for the conservation of biological diversity and ecological integrity to be a fundamental consideration; and (e) if there are threats of serious or irreversible environmental damage, lack of full scientific certainty as to measures to address the threat should not be used as a reason for postponing such measures. S. 94 substituted by No. 85/2006 s. 54.