New Zealand Repealed Acts

This legislation has been repealed.

WATER SERVICES ENTITIES ACT 2022 - SECT 349

349 Board must adopt water infrastructure contributions policy

1 The board of a water services entity must adopt a water infrastructure contributions policy.

2 A water infrastructure contributions policy must include—

a) the total cost of capital expenditure that the water services entity expects to incur to meet the increased demand for water services and the basis of these estimates; and

b) the proportion of the total cost to be funded by the water infrastructure contributions policy; and

c) a schedule of the water infrastructure contributions that apply to new developments and increases in commercial demand; and

d) a summary of the methodology applied by the water services entity to determine those contributions in line with the principles specified in section 347 ; and

e) a statement of the discounts available for demand mitigation measures.

3 The board of a water services entity must include the policy in its funding and pricing plan.

History: Section 349: inserted, on 31 August 2023, by section 34 of the Water Services Legislation Act 2023 (2023 No 52).