226FIrrigation entity may enter into agreement

226F Irrigation entity may enter into agreement

[Section 226F Inserted by No. 36 of 2023, s. 17, Applied:11 Dec 2023]

(1)  An irrigation entity may enter into an agreement with an irrigation delegate to which functions of the entity have been delegated under section 226D(1)(a) .

(2)  An agreement –

(a) is to specify that it is terminated if the delegation to the irrigation delegate is revoked in accordance with section 226G(2) or section 226H or terminated by the effluxion of time; and

(b) may specify that it is terminated for any other reason.

(3)  An agreement under subsection (1) entered into by an irrigation entity with an irrigation delegate may include, but is not limited to, provisions in relation to the following matters:

(a) the use, maintenance, upgrade, refurbishment or renewal of an asset in respect of an irrigation district;

(b) the setting of prices related to the provision of water or services related to the provision of water;

(c) the retention by the irrigation entity of financial consideration provided to the irrigation delegate for the grant of an irrigation right;

(d) the transfer, in accordance with this Act, of a water licence to the irrigation delegate while the irrigation delegate remains an irrigation delegate;

(e) the retention, by an irrigation entity, of a water licence held by an irrigation entity whilst transactions relating to water rights granted under that water licence are managed by the irrigation delegate;

(f) customer interaction, including metering, trading and billing;

(g) water extraction, storage and delivery;

(h) reporting, including but not limited to –

(i) annual reporting required under section 182 ; and