6Objectives of Water NSW

6 Objectives of Water NSW

6 Objectives of Water NSW

(1) The principal objectives of Water NSW are—

(a) to capture, store and release water in an efficient, effective, safe and financially responsible manner, and

(b) to supply water in compliance with appropriate standards of quality, and

(c) to ensure that declared catchment areas and water management works in such areas are managed and protected so as to promote water quality, the protection of public health and public safety, and the protection of the environment, and

(d) to provide for the planning, design, modelling and construction of water storages and other water management works, and

(e) to maintain and operate the works of Water NSW efficiently and economically and in accordance with sound commercial principles.

(2) The other objectives of Water NSW are as follows—

(a) to be a successful business and, to that end—

(i) to operate at least as efficiently as any comparable business, and

(ii) to maximise the net worth of the State’s investment in Water NSW,

(b) to exhibit a sense of social responsibility by having regard to the interests of the community in which it operates,

(c) to exhibit a sense of responsibility towards regional development and decentralisation in the way in which it operates,

(d) where its activities affect the environment, to conduct its operations in compliance with the principles of ecologically sustainable development contained in section 6 (2) of the Protection of the Environment Administration Act 1991.

(3) The other objectives of Water NSW are of equal importance, but are not as important as the principal objectives of Water NSW.

(4) Section 20E of the State Owned Corporations Act 1989 does not apply to Water NSW.

(5) Nothing in this section gives rise to, or can be taken into account in, any civil cause of action.