The Commission has the following functions:

(a) to administer water districts in accordance with section 5(2) ;

(b) to manage property of the Crown or the Commission and other property related to the administration of such districts;

(c) to provide project management and project development services in the commercial water industry and related industries;

(d) to undertake the necessary duties of a Government Business Enterprise;

(e) such other functions related to the commercial water industry as the Minister directs.