25Arrangements with Sydney Water Corporation

25 Arrangements with Sydney Water Corporation

25 Arrangements with Sydney Water Corporation

(1) Water NSW is required to enter into arrangements with the Sydney Water Corporation regarding the supply of water by Water NSW to the Sydney Water Corporation.

(2) The matters with which the arrangements are to deal are to include the following—

(a) the standard of quality of the water supplied,

(b) the continuity of water supply,

(c) the maintenance of adequate reserves of water by Water NSW,

(d) subject to this Division, the cost to be paid by the Sydney Water Corporation for the supply of water to it.

(3) The arrangements may be amended or replaced from time to time.

(4) The Treasurer is to be consulted about the terms of the arrangements, including amendments and replacements, before their finalisation.

(5) The terms of the arrangements, including amendments and replacements, have no effect unless or until approved by the portfolio Minister.

(6) The arrangements are to be reviewed as required by—

(a) the terms of the arrangements, or

(b) the terms of an operating licence, or

(c) the portfolio Minister.

(7) The arrangements are to be amended or replaced at times specified by—

(a) the terms of the arrangements, or

(b) the terms of an operating licence, or

(c) the portfolio Minister.

(8) The provisions of section 23 (Public exhibition of memoranda of understanding) apply, with the necessary modifications, to arrangements under this section in the same way as they apply to memoranda of understanding.

(9) Nothing in this Division limits the matters that may be included in an operating licence or limits the terms of an operating licence.