(1) The Minister may make a document (a
"bulk water supply agreement" ), in the form of a contract, providing for the
supply of bulk services, stated in the document, between an SEQ bulk supplier,
named in the document, and a bulk water customer, named in the document.
(a) terms that must not be
amended (each a
"mandatory term" ); and
(b) terms that may be amended by the bulk water
parties named in the agreement.
(3) A bulk water supply agreement has effect
as a contract between each bulk water party named in the agreement on the day
the agreement is made by the Minister.
(a) it is executed by each bulk water
party named in the agreement, other than to the extent an amendment to the
agreement must be executed under section 360H; or
(b) an amount payable for
the supply of bulk services is provided for under the agreement.