Cover image for Tasmanian Water and Sewerage Corporation (Common Services) Pty Limited Trading As Onstream
Agency:
Tasmanian Water and Sewerage Corporation (Common Services) Pty Limited Trading As Onstream
Agency Number:
Start Date:
09 Jul 2008
Description:
The Common Services Corporation was established under the Water and Sewerage Corporations Act 2008. Councils were divested of their role in managing water and sewerage under the Act and were replaced by three regional Corporations across the State.;;;;Members of the Common Services Corporation are, at the time of incorporation, the regional Corporations. The principal objectives of the Common Services Corporation are to assist the regional Corporations in fulfilling their principal objectives by providing, or arranging for the provision of services which may include payroll, human resources, information technology, billing services, and financial and accounting services. The Common Services Corporation also is to assist the regional Corporations in being successful businesses and, to this end to operate its activities in accordance with good commercial practice; and to maximise sustainable returns to its members. Finally, the Common Services Corporation is to to be available to provide services to third parties, including councils, on a commercial basis.;;;;Under the Act, a Board of six members was appointed to manage the Common Services Corporation. ;;;;The Water and Sewerage Industry Act 2008 was also enacted to provide for the establishment of an economic regulatory framework for the water and sewerage industry. Included as part of this was the establishment of a licensing regime and the appointment of an economic Regulator who independently sets prices, customer service standards and monitors performance of the industry.;;;;From 1 July 2013, billing, IT and payroll functions previously managed by Onstream were divested to the new Tasmanan Water and Sewerage Corporation trading as TasWater.
Information Sources:
Water & Sewerage Corporations Act 2008 and Water & Sewerage Industry Act 2008
Legislation Administered:
Water & Sewerage Industry Act 2008
Legislation Creating:
Water & Sewerage Corporations Act 2008, Proclamation under the Water and Sewerage Corporations Act 2008
Controlling Agencies:
Department of Treasury and Finance (TA916)07 Nov 1989