Part 4Planning, reporting, and financial management
218Outline of this Part
Subparts 1 and 2 provide for a cycle of planning, performance, and reporting that promotes accountability to consumers of water services and to shareholders in water organisations. The cycle includes the following requirements:
- the shareholders of each water organisation must prepare and adopt a statement of expectations for the water organisation:
- each water service provider must prepare and adopt a water services strategy, an annual budget, and an annual report.
Subpart 3 provides additional planning, reporting, and performance requirements for water organisations.
Subpart 4 sets out financial matters, including provisions relating to operating revenues, borrowing in foreign currency, and income tax.


