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Water Services Act, 1997 (Act No. 108 of 1997)

Chapter VI : Water Boards

34. Parameters for functions of water boards

 

(1) In performing its activities, exercising its powers and carrying out its duties a water board must achieve a balance between—
(a) striving to provide efficient, reliable and sustainable water services;
(b) optimally using available resources;
(c) striving to be financially viable;
(d) promoting the efficiency of water services authorities;
(e) taking cognisance of the needs of water services institutions, consumers and users;
(f) taking into account national and provincial policies, objects and developments;
(g) acting in an equitable, transparent and fair manner;
(h) complying with health and environmental policies; and
(i) taking reasonable measures to promote water conservation and water demand management, including promoting public awareness of these matters.

 

(2) For the purpose of subsection (1)(c) a water board is financially viable if it is able to—
(a) repay and service its debts;
(b) recover its capital, operational and maintenance costs;
(c) make reasonable provision for depreciation of assets;
(d) recover the costs associated with the repayment of capital from revenues (including subsidies) over time; and
(e) make reasonable provision for future capital requirements and expansion.