Local Government (Water Services Preliminary Arrangements) Act 2024

Watercare Services Limited - Part 1 of Watercare charter

81: Period covered by business plan submitted to Secretary

You could also call this:

"How long Watercare's business plan must cover when sent to the Secretary"

Illustration for Local Government (Water Services Preliminary Arrangements) Act 2024

When Watercare sends a business plan to the Secretary, it must cover at least 10 years of financial plans. You can find out more about this in section 80. The Secretary can ask for the plan to have detailed information for the first three years and a general outline for the rest of the years.

The Secretary gets to decide how much detail is needed for each year in the plan. You will see that the first three years have a lot of detail, and the years after that have less detail. This is because the Secretary wants to know exactly what Watercare plans to do in the near future.

The business plan is like a roadmap for Watercare's financial future, and the Secretary needs to know what it looks like. The plan must be for at least 10 years, so the Secretary can see how Watercare's plans will work out over time. This helps the Secretary make sure Watercare is making good financial decisions.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS964546.

This page was last updated on 5 June 2025 — View changes

Topics:

Environment and resources > Food and water safetyGovernment and voting > Local councils

80: Watercare must submit business plan to Secretary, or

"Watercare must give the government a plan for how it will manage its water services and money."

82: Process for finalising business plan, or

"How the Secretary checks and finalises Watercare's business plan"

Part 4Watercare Services Limited
Part 1 of Watercare charter

81Period covered by business plan submitted to Secretary

A business plan that Watercare submits under section 80 must cover a period of at least 10 consecutive financial years.
The Secretary may require that a business plan includes the required information—
in detail in relation to each of the first 3 financial years covered by the plan; and
in outline in relation to each of the subsequent financial years covered by the plan.