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Water and Sewerage Industry (Pricing and Related Matters) Regulations 2021
10Full cost recovery from certain contracts
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10 Full cost recovery from certain contracts
(1) Prices for the provision of a regulated service by a regulated entity to a customer, under a relevant contract, are to allow for the recovery of the full cost of providing the service to the customer.
(2) For the purposes of subregulation (1) , a relevant contract means –
(a) a contract, other than a customer contract, that was in force immediately before 22 September 2011 and is still in force; or
(b) a contract entered into pursuant to section 61 of the Act.