The Water Industry Competition Amendment Act 2021 (Amending WIC Act) was passed by Parliament on 1 November 2021. It refined the changes made by the Water Industry Competition Amendment (Review) Act 2014, passed in October 2014 (but never commenced). The Amending WIC Act includes significant changes to the existing regulatory framework. The Amending WIC Act will commence with the new WIC Regulation in December 2022.
The NSW Government will consult on a draft of the new WIC Regulation and associated Regulatory Impact Statement in late 2022.
You can find out more about changes to the legislative framework here.