Table 3: current economic regulatory functions being performed by DWA REGULATED ENTITY REGULATED ACTIVITY ECONOMIC REGULATION FUNCTION PERFORMED BY DWA DWA Setting of Water Resource Management No regulation/self regulation charges, waste discharge charges (to come) and water resources consumptive charges; Use of income from users to build, operate, maintain, and refurbish water resources infrastructure; Use of income from users to fund water resources management in Water Management Areas; Value for money of costs incurred vs planned costs TCTA Raising of off budget finance to develop No regulation/self regulation. As shareholder/ executive authority the Minister, water resources infrastructure through DWA, is mainly performing an oversight role in respect of the setting of Structuring and raising of project finance the CUC for each project. Determination of CUC for off-budget infrastructure Value for money of costs incurred vs planned costs CMA Setting of Water Resource Management No formal regulation of charge. Charge for its WMA (when delegated). Oversight role by DWA on behalf of Minister as shareholder/ executive authority. Use of income from to manage water The business plan and financial reports submitted to DWA as Executive Authority resources in the WMA not regulator WRC Setting of research charge WRC submits annual proposal on research charge increase to Minister for Use of income from research charge to approval. Minister determines allowable increase. achieve objectives in business plan WSA/ WSP Bulk and retail tariff setting S9 (technical regulation but has implication on economic regulation) Compliance with section 9 and 10 s10 regulation (economic regulation). It is unclear to what extent economic regulations regulation is taking in terms of this section. An added complexity is that
Table 3: current economic regulatory functions being performed by DWA REGULATED ENTITY REGULATED ACTIVITY ECONOMIC REGULATION FUNCTION PERFORMED BY DWA DWA Setting of Water Resource Management charges, waste discharge charges (to come) and water resources consumptive charges; Use of income from users to build, operate, maintain, and refurbish water resources infrastructure; Use of income from users to fund water resources management in Water Management Areas; Value for money of costs incurred vs planned costs No regulation/self regulation TCTA Raising of off budget finance to develop water resources infrastructure Structuring and raising of project finance Determination of CUC for off-budget infrastructure Value for money of costs incurred vs planned costs No regulation/self regulation. As shareholder/ executive authority the Minister, through DWA, is mainly performing an oversight role in respect of the setting of the CUC for each project. CMA Setting of Water Resource Management Charge for its WMA (when delegated). Use of income from to manage water resources in the WMA No formal regulation of charge. Oversight role by DWA on behalf of Minister as shareholder/ executive authority. The business plan and financial reports submitted to DWA as Executive Authority not regulator WRC Setting of research charge Use of income from research charge to achieve objectives in business plan WRC submits annual proposal on research charge increase to Minister for approval. Minister determines allowable increase. WSA/ WSP Bulk and retail tariff setting Compliance with section 9 and 10 regulations S9 (technical regulation but has implication on economic regulation) s10 regulation (economic regulation). It is unclear to what extent economic regulation is taking in terms of this section. An added complexity is that
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