Part 2Structural arrangements for providing water services
Regions in which regional councils also provide water services
42Transfer agreement with water organisation
A regional council may enter into a transfer agreement with a water organisation whose service area is in the council’s region and, for that purpose, sections 12 to 16 apply—
- to a regional council in the same way that they apply to a territorial authority; and
- with any other necessary modifications.
However, a regional council must not enter into a transfer agreement unless—
- the regional council has responsibilities, assets, or other matters relating to water services that can be transferred to the water organisation; and
- either—
- the regional council is a shareholder in the water organisation; or
- the shareholders in the water organisation agree to the regional council entering into the transfer agreement.
- the regional council is a shareholder in the water organisation; or


