sec.360WMinister may decide cost or price

### sec.360W Minister may decide cost or price The Minister may, under the principles in the bulk water supply code, decide a cost or price mentioned in section 360N for a particular period. Before deciding a cost or price, the Minister may seek advice from an entity nominated to provide advice about costs or prices to the Minister under the bulk water supply code. The Minister must consider any advice given by an entity under subsection (2) before deciding a cost or price. A decision of the Minister under subsection (1) has effect on the day decided by the Minister and stated in the notice mentioned in subsection (5) (a) . The Minister must, as soon as practicable— give notice of the Minister’s decision to each code-regulated entity affected by the decision; and amend each bulk water supply agreement affected by the decision. If a cost or price decided by the Minister for the supply of bulk services is inconsistent with the cost or price for the bulk services under a bulk water supply agreement, the cost or price decided by the Minister prevails to the extent of any inconsistency. If the Minister does not intend to decide a cost or price under subsection (1) , the Minister must give a notice to each SEQ bulk supplier advising— that the SEQ bulk supplier may decide the cost or price under the principles in the bulk water supply code; and the period for which the SEQ bulk supplier may decide the cost or price. The notice under subsection (7) must be given at least 4 months before the period under subsection (7) (b) starts. s 360W ins 2006 No. 23 s 9 amd 2006 No. 59 s 76 ; 2007 No. 57 s 74 ; 2008 No. 34 s 705 sub 2012 No. 39 s 51 (sec.360W-ssec.1) The Minister may, under the principles in the bulk water supply code, decide a cost or price mentioned in section 360N for a particular period. (sec.360W-ssec.2) Before deciding a cost or price, the Minister may seek advice from an entity nominated to provide advice about costs or prices to the Minister under the bulk water supply code. (sec.360W-ssec.3) The Minister must consider any advice given by an entity under subsection (2) before deciding a cost or price. (sec.360W-ssec.4) A decision of the Minister under subsection (1) has effect on the day decided by the Minister and stated in the notice mentioned in subsection (5) (a) . (sec.360W-ssec.5) The Minister must, as soon as practicable— give notice of the Minister’s decision to each code-regulated entity affected by the decision; and amend each bulk water supply agreement affected by the decision. (sec.360W-ssec.6) If a cost or price decided by the Minister for the supply of bulk services is inconsistent with the cost or price for the bulk services under a bulk water supply agreement, the cost or price decided by the Minister prevails to the extent of any inconsistency. (sec.360W-ssec.7) If the Minister does not intend to decide a cost or price under subsection (1) , the Minister must give a notice to each SEQ bulk supplier advising— that the SEQ bulk supplier may decide the cost or price under the principles in the bulk water supply code; and the period for which the SEQ bulk supplier may decide the cost or price. (sec.360W-ssec.8) The notice under subsection (7) must be given at least 4 months before the period under subsection (7) (b) starts. - (a) give notice of the Minister’s decision to each code-regulated entity affected by the decision; and - (b) amend each bulk water supply agreement affected by the decision. - (a) that the SEQ bulk supplier may decide the cost or price under the principles in the bulk water supply code; and - (b) the period for which the SEQ bulk supplier may decide the cost or price.