Queensland Consolidated Acts Queensland Consolidated Acts(1) The water grid manager must, as far as practicable, carry out its functions in a way that is consistent with sound commercial principles.
(2) A water entity other than the water grid manager must carry out its functions as a commercial enterprise.
(3) Subsection (2) does not apply to a water entity to the extent it is required under this Act to perform a community service obligation other than as a commercial enterprise.