Water Services Act, 1997 (Act No. 108 of 1997)Chapter VI : Water Boards42. Different activities to be managed as separate units |
| (1) | A water board must manage its primary activity and each of its other activities as separate units. |
| (2) | A water board must maintain separate and itemised financial accounts for its primary activity and each of its other activities. |
| (3) | All transactions between units of a water board engaged in different activities of the water board must be carried out on terms and conditions which could be expected to apply to similar transactions between unrelated businesses. |