New South Wales Consolidated Acts

CONSTITUTION ACT 1902 - SECT 57

57 Sydney Water Corporation and Hunter Water Corporation to remain in public ownership

(1) The following must not be sold or otherwise disposed of unless authorised by an Act of Parliament--

(a) a water corporation,

(b) a main undertaking of a water corporation.

(2) Nothing in this section prevents a sale or disposal that--

(a) is in the ordinary course of the business of a water corporation, and

(b) results in the main undertakings of the water corporation remaining in public ownership.

(3) To avoid doubt, the sale or disposal of an asset of a water corporation, being an asset that is necessary to enable the water corporation to carry out its principal functions under an Act, is taken to be a sale or disposal of a main undertaking of the water corporation.

(4) This section prevails over the State Owned Corporations Act 1989 to the extent of an inconsistency.

(5) A word or expression used in this section has the same meaning as in the State Owned Corporations Act 1989 , unless otherwise defined in this section.

(6) In this section--

"main undertaking" , of a water corporation, includes a business activity necessary to enable the water corporation to carry out any of the following--

(a) the storage or supply of water,

(b) the provision of sewerage services,

(c) the provision of stormwater drainage systems,

(d) the disposal of waste water.

"water corporation" means the following or a subsidiary of the following--

(a) the Sydney Water Corporation,

(b) the Hunter Water Corporation.