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Local Government (Water Services Preliminary Arrangements) Act 2024

Water services delivery plans and foundational information disclosure requirements - Foundational information disclosure requirements

38: Purposes of this subpart

You could also call this:

"This law aims to give you good water services and fair prices when there's little competition."

This part of the law has two main purposes. You want water services to benefit consumers in the long term. You also want to make sure people have enough information to check if this is happening. This law helps achieve the first purpose by making sure water service providers have reasons to innovate and improve their services. You want them to provide good quality services and share the benefits of being efficient with consumers.

This law encourages water service providers to invest in new assets and improve how they work. You want them to provide services that meet what consumers want and charge fair prices. The law also stops providers from making too much profit. It only applies to situations where there is not much competition for delivering water services. You can find more information about the purpose of this law in section 3(1) and (2)(c). This law is about making sure you have good water services when there is little competition.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS964489.

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37: Protection from liability, or

"Ministerial appointees are protected from blame if they do their job honestly and correctly."

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39: Application of this subpart, or

"Who this part of the water law applies to"

Part 2Water services delivery plans and foundational information disclosure requirements
Foundational information disclosure requirements

38Purposes of this subpart

  1. The purposes of this subpart are—

  2. to promote the long-term benefit of consumers of water services; and
    1. to ensure that sufficient information is readily available to interested persons to assess whether the purpose in paragraph (a) is being met.

      1. This subpart achieves the purpose in subsection (1)(a) by promoting outcomes that are consistent with outcomes produced in competitive markets such that providers of water services—

      2. have incentives to—
        1. innovate and to invest in water services, including in replacement, upgraded, and new assets; and
          1. improve efficiency in providing water services; and
            1. provide water services at a quality that reflects consumer demands; and
            2. share with consumers the benefits of efficiency gains in supplying water services, including through lower prices; and
              1. are limited in their ability to extract excessive profits.

                1. This subpart—

                2. relates only to delivering the purpose of this Act under section 3(1) and (2)(c); and
                  1. applies in relation to delivering water services only in circumstances where there is—
                    1. little or no competition in delivering those water services; and
                      1. little or no likelihood of a substantial increase in the level of competition.