New South Wales Consolidated Acts

WATER INDUSTRY COMPETITION ACT 2006 - SECT 7

7 Licensing principles

(1) In considering whether or not a licence is to be granted under this Part and what conditions are to be imposed on such a licence, regard is to be had to the following principles:

(a) the protection of public health, the environment, public safety and consumers generally,

(b) the encouragement of competition in the supply of water and the provision of sewerage services,

(c) the ensuring of sustainability of water resources,

(d) the promotion of production and use of recycled water,

(e) the promotion of policies set out in any prescribed water policy document,

(f) the potential for adverse financial implications for small retail customers generally arising from the activities proposed to be covered by the licence,

(g) the promotion of the equitable sharing among participants in the drinking water market of the costs of water industry infrastructure that significantly contributes to water security.

(2) This section does not restrict the matters to which regard may be had in considering the matters referred to in subsection (1).

(3) In this section:
"prescribed water policy document" means a plan or other policy document concerning the use of water resources issued by or on behalf of the Government that is prescribed by the regulations (whether as in force at a particular time or from time to time).