Part 4Planning, reporting, and financial management
Additional requirements for water organisations: Additional management requirements
249Additional plans or reports: water organisation
The shareholders of a water organisation may require, by written notice, the water organisation to prepare additional plans or reports, including—
- 1 or more thematic plans:
- an asset management plan:
- quarterly reports.
The written notice may be included in the shareholders’ statement of expectations provided to the water organisation (see section 224).
A water organisation that receives a written notice must provide the additional plan or report to the shareholders in accordance with the written notice.
The written notice must specify—
- the date by which the water organisation must provide the plan or report to the shareholders; and
- the matters to be addressed in the plan or report; and
- if relevant to the particular plan or report,—
- the period that the plan or report must cover; and
- when the water organisation must report to shareholders on its progress against a plan.
- the period that the plan or report must cover; and
If the shareholders require a water organisation to prepare quarterly reports, the water organisation must provide the quarterly reports no later than 2 months after the end of the first and third quarters of the relevant financial year.


