NSWIn ForceAct
Water Industry Competition Act 2006
42Service providers to have approved cost allocation manuals
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#### 42 Service providers to have approved cost allocation manuals
42 Service providers to have approved cost allocation manuals
> > (1) Within 3 months after an infrastructure service becomes the subject of a coverage declaration, the service provider—
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> > > (a) must keep separate accounts for such of its infrastructure services as are the subject of the declaration, and
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> > > (b) must submit a cost allocation manual to IPART in relation to that infrastructure.
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> > (2) A cost allocation manual must be in the form of a document that, in accordance with any rules under subsection (3), sets out the basis on which the service provider proposes to establish and maintain accounts for those of its infrastructure services as are the subject of a coverage declaration.
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> > (3) The Minister may from time to time, by order published in the Gazette, establish rules for the preparation of cost allocation manuals.
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> > (4) IPART may approve a service provider’s cost allocation manual as submitted, or may require the service provider to amend it and resubmit it for approval.
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> > (5) On and from the expiry of 3 months from the date on which IPART approves a service provider’s cost allocation manual in relation to infrastructure services the subject of a coverage declaration, the service provider must ensure that costs are allocated between each of those services, and between those services and its other activities, in accordance with the manual.
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> > (6) A cost allocation manual may only be varied with the consent of IPART.
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> > (7) A service provider must keep its cost allocation manual available for inspection by members of the public, free of charge, during normal office hours.
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> > (8) It is sufficient compliance with subsection (7) if a copy of the cost allocation manual is made available to the public on the service provider’s internet website.
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> > (9) Copies of the cost allocation manual are to be made available to members of the public, at cost, during normal office hours.
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> > (10) A service provider must not fail to comply with the requirements of this section.
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> Maximum penalty—
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> > (a) for a corporation—500 penalty units, or
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> > (b) for an individual—100 penalty units.
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> **s 42:** Am 2021 No 26, Sch 1\[5\].