Statistics Act, 1999
R 385
Water Services Act, 1997 (Act No. 108 of 1997)Chapter VI : Water Boards40. Business plan |
(1) | A water board must, not later than one month before the commencement of each financial year, prepare and adopt a business plan relating to the following five financial years. |
(2) | The business plan must at least contain information regarding— |
(a) | each specific primary and other activity to be undertaken and the performance targets for each; |
(b) | the tariff applicable to each service, the method by which it was determined, the motivation for the tariff and the estimated tariff income; |
(c) | forecasts of capital expenditure for the primary and other activities for the next five years; and |
(3) | A water board may, with the approval of the Minister, exclude commercially sensitive information from its business plan. |
(4) | Every business plan must be submitted to the Minister. |
(5) | A business plan may be amended from time to time. |
(6) | The Minister may direct a water board— |
(a) | to amend its business plan if the plan— |
(i) | is not in the best interests of the general population within its service area: or |
(ii) | is not in accordance with the parameters laid down in section 34(1); or |
(b) | to submit additional business plans addressing specific issues. |