sec.1116Minister must approve standard supply contracts

### sec.1116 Minister must approve standard supply contracts On the day the chief executive grants the corporatised entity interim resource operations licences under section 1111, the Minister must approve standard supply contracts for the storage and delivery by the corporatised entity of water under interim water allocations, other than an interim water allocation to which an agreement mentioned in section 1117 relates. The supply contracts may be different for different areas of the State or different services provided by the entity. The Minister must gazette the approval of each standard supply contract. Subsection (5) applies if a contract approved under subsection (1) applies to water to which section 1114(2) applies. To the extent that the terms of supplying the water under an interim water allocation are inconsistent with the terms of supplying water under the standard supply contract approved by the Minister, the terms of the standard supply contract approved by the Minister prevail. Subsection (5) applies until the corporatised entity and the customer enter into a different supply contract for supplying the water. Within 1 year after the day the Minister approves a standard supply contract for an area or service, the corporatised entity and a customer council constituted under the statement of corporate intent for the corporatised entity must review the contract. A reference in subsection (1) to an agreement mentioned in section 1117 is taken to include and to have always included a reference to an order in council mentioned in section 1117. s 1116 amd 2005 No. 19 s 167 (sec.1116-ssec.1) On the day the chief executive grants the corporatised entity interim resource operations licences under section 1111, the Minister must approve standard supply contracts for the storage and delivery by the corporatised entity of water under interim water allocations, other than an interim water allocation to which an agreement mentioned in section 1117 relates. (sec.1116-ssec.2) The supply contracts may be different for different areas of the State or different services provided by the entity. (sec.1116-ssec.3) The Minister must gazette the approval of each standard supply contract. (sec.1116-ssec.4) Subsection (5) applies if a contract approved under subsection (1) applies to water to which section 1114(2) applies. (sec.1116-ssec.5) To the extent that the terms of supplying the water under an interim water allocation are inconsistent with the terms of supplying water under the standard supply contract approved by the Minister, the terms of the standard supply contract approved by the Minister prevail. (sec.1116-ssec.6) Subsection (5) applies until the corporatised entity and the customer enter into a different supply contract for supplying the water. (sec.1116-ssec.7) Within 1 year after the day the Minister approves a standard supply contract for an area or service, the corporatised entity and a customer council constituted under the statement of corporate intent for the corporatised entity must review the contract. (sec.1116-ssec.8) A reference in subsection (1) to an agreement mentioned in section 1117 is taken to include and to have always included a reference to an order in council mentioned in section 1117.