Water Industry Act 1994
169Company licensees to make payments to Melbourne Water Corporation
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169 Company licensees to make payments to Melbourne Water Corporation
(1) Each company licensee must pay to Melbourne Water Corporation such amounts, and at such times, as Melbourne Water Corporation is liable to pay in respect of financial obligations for which the company licensee is responsible in accordance with the allocation statement under section 168.
(2) Melbourne Water Corporation must pay to each company licensee amounts that Melbourne Water Corporation receives in respect of financial obligations (including amounts received under swap contracts) for which the company licensee is responsible in accordance with the allocation statement under section 168.