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

Regulations

Water Services Provider Contract Regulations

11. Assets

 

A contract must—

(a) prohibit the disposal, alienation, or encumbrance of any existing or future immovable asset of a water services authority, including any component of the water services works, unless such disposal, alienation, or encumbrance is—
(i) provided for in the water services authority’s development plan; or
(ii) approved by a council resolution of the water services authority;
(b) provide for the furnishing of asset management and maintenance plans to demonstrate that the water services works are being maintained in a reasonable condition in accordance therewith; and
(c) provide procedures for the procurement, disposal, alienation, and encumbrance of assets.