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

Chapter VI : Water Boards

40. 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
(d) any other information which the Minister may prescribe from time to time.

 

(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.