Water Management Act 2000

With the approval of the Governor, the Ministerial Corporation may enter into commercial operations with respect to—

any services developed in connection with the exercise of its functions, and

any products or by-products (including intellectual property) resulting from the exercise of its functions, and

such other matters as may be prescribed by the regulations.

With the approval of the Governor, the Ministerial Corporation may form, or join in forming, a company, partnership or trust for the purpose of exercising its functions under this Act.