Application for amendment of water pricing determination
170ZO Application for amendment of water pricing determination
A water supplier for a monopoly water supply activity for which the authority has made a water pricing determination may apply to the authority for the amendment of the determination, if the supplier reasonably believes—
there has been a material change of circumstances since the determination was made; and
the material change of circumstances justifies the amendment of the determination.
An application under subsection (1) must be in writing and state—
details of the material change of circumstances; and
the reasons the supplier believes the material change of circumstances justifies the amendment of the determination.
The water supplier may withdraw the application at any time.
This Act’s bill:Explanatory memorandum
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