New South Wales Consolidated Acts

SYDNEY WATER ACT 1994 - SECT 21

21 Objectives of Corporation

(1) The principal objectives of the Corporation are:

(a) to be a successful business and, to this end:

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

(ii) to maximise the net worth of the State’s investment in the Corporation, and

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

(b) to protect the environment by conducting 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 , and

(c) to protect public health by supplying safe drinking water to its customers and other members of the public in compliance with the requirements of any operating licence.

(2) Despite section 8 of the State Owned Corporations Act 1989 , each of the Corporation’s principal objectives is of equal importance.