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South African National Water Resources Infrastructure Agency SOC Limited Act, 2024 (Act No. 34 of 2024)

Chapter 2 : Establishment of Agency

5. Objects of Agency

 

The objects of the Agency are to develop and manage national water resources infrastructure to—

 

(a) ensure a sustainable, equitable and reliable supply of water from national water resources infrastructure;

 

(b) meet obligations set out in sections 10, 11, 24, 27(1)(b) and 27(2) of the Constitution and national and regional social and economic objectives of national policy;

 

(c) utilise its asset base and cash-flow to raise funds to develop national water resources infrastructure for social and economic development purposes;

 

(d) provide, operate and maintain the national water resources infrastructure and fund the costs thereof;

 

(e) perform the Treaty and non-Treaty functions currently being performed by the TCTA as more fully set out in the shareholder’s compact; and

 

(f) perform any other functions that the Minister may direct it to perform in terms of section 103(2) of the National Water Act.