On 14 October 2014, the NSW Parliament passed the Water Industry Competition Amendment (Review) Bill 2014 (now the 'Amending Act').
The Amending Act will:
A Better Regulation Statement (BRS) has been prepared following the NSW Government’s Guide to Better Regulation to ensure the reforms are required, reasonable and responsive, and comply with the government’s Better Regulation Principles. The BRS examines the costs and benefits of the options outlined in the position paper, and takes into account stakeholder feedback on the position paper. The BRS is available below.
Before amendments to the WIC Act commence, the Water Industry Competition (General) Regulation 2008 will be revised to reflect amendments to the WIC Act. This next phase of the review will provide further opportunity for stakeholders to comment on the provisions that underpin the WIC framework.
For all enquiries related to the Urban Water Regulation Review, please contact the Metropolitan Water Directorate on 1800 759 857 or firstname.lastname@example.org