3Interpretation

3 Interpretation

In these regulations –

Act means the Water and Sewerage Industry Act 2008 ;

asset means water infrastructure or sewerage infrastructure;

common property has the same meaning as it has in the Strata Titles Act 1998 ;

connection charge means a charge calculated by reference to the costs that are associated with installing assets that are dedicated to the provision of a regulated service to a particular customer;

contributed asset means an asset –

(a) that has been –

(i) transferred, granted, donated, or given by way of a gift, to a regulated entity by a person; or

(ii) constructed by a regulated entity using funds provided by a person –

under a transaction, or arrangement, by which the person does not receive an asset, item, money, or money’s worth, in return; and

(b) in relation to which there is no financial interest held by any person, other than the regulated entity, in any part of any of the assets of the entity –

but does not include an asset that was, before 1 July 2011, transferred to the regulated entity under section 41 of the Water and Sewerage Corporations Act 2008 ;

developer charge means a charge referred to in regulation 18 ;

fixed charge means a charge, which is recurrent, for the provision of a regulated service to a customer, but does not include a variable charge for the service;

general unit entitlement has the same meaning as it has in the Strata Titles Act 1998 ;