• Specific Year
    Any

WATER ACT 2000 - SECT 653 Content of performance plan

WATER ACT 2000 - SECT 653

Content of performance plan

653 Content of performance plan

(1) A category 1 water authority’s performance plan must include the following for the relevant financial year—
(a) the authority’s financial and non-financial performance targets for its functions;
(b) particulars of the authority’s relevant employment and industrial relations plan;
(c) an outline of the authority’s objectives;
(d) an outline of the nature and scope of the activities proposed to be undertaken by the authority during the financial year;
(e) an outline of the authority’s main undertakings during the financial year;
(f) the authority’s proposed infrastructure investments;
(g) the authority’s capital structure and dividend policies;
(h) the authority’s forecast taxation obligations;
(i) an outline of the borrowings made, and proposed to be made, by the authority;
(j) an outline of the policies adopted by the authority to minimise and manage any risk of investments and borrowings that may adversely affect its financial stability;
(k) an outline of the authority’s asset management plans, including its policies and procedures relating to the acquisition and disposal of major assets;
(l) the authority’s accounting policies that apply to the preparation of its accounts;
(m) style and frequency of reporting requirements;
(n) the performance indicators for the authority’s performance targets.
(2) The performance plan must also contain the following particulars about the water authority’s community service obligations—
(a) the nature and extent of the obligations to be performed by the authority for the financial year to which the plan relates;
(b) the costs for the obligations;
(c) the ways in which, and the extent to which, the authority must be compensated by the State for performing the obligations;
(d) performance targets for the obligations.