Water Industry Competition Act 2006

IPART may refuse to grant an approval if not satisfied—

the proposed registered operator of the infrastructure has the capacity to comply with the conditions of its operator licence, having regard to all the infrastructure it operates or will operate under the licence, or

for a regulated scheme—the proposed licensed retailer of water or sewerage services provided by means of the scheme has the capacity to comply with conditions of its retailer licence, having regard to all the water and sewerage services it sells or will sell under its licence, or

about other matters IPART considers relevant, having regard to the public interest.

Before determining an application, IPART may require an application audit to be undertaken.