Acts, Regulations and Policies
Water Act 1989
The Water Act 1989 (Vic) provides the legal framework for managing Victoria’s water resources. It is available online at the Victorian Law Today Library.
The main purpose of the Water Act is to:
- promote the equitable and efficient use of our water resources
- make sure our water resources are conserved and properly managed for the benefit of all Victorians
- increase community involvement in conserving and managing our water resources
Asset Management Policy
Allocation Trading Policy
Circumstances when a groundwater licence fee is not charged for dewatering Policy
Conflict of Interest Policy
Corporation Seal Policy
Dam Safety Management Policy
Disclosure of Water Market Information PolicyDiversity and Inclusion Policy
Drug and Alcohol Policy
Executive Remuneration Policy
Family Violence Policy
Financial Governance Policy
Fraud Prevention Policy
Gifts, Benefits and Hospitality Policy
Interstate and Overseas Travel Policy
Management of Confidential Water Market information and Water Trading by Employees Policy
Public Consultation on Applications Policy
Raw Drinking Water Policy
Risk Management Policy
Sale of Unallocated Water in Unregulated Systems Policy
Traditional Owners Policy
We maintain effective safety systems, and continually review the way we work to find and apply safer practices. All incidents can be prevented, and we aim for an incident free and zero harm workplace.
We will meet our legislative responsibilities and achieve good industry practice.
We work together to understand our risks and:
- Eliminate them where possible, or
- reduce them through management actions.
Each of us is responsible for safety.
Bulk Entitlement Orders
At Southern Rural Water (SRW) we deal with the following Bulk Entitlement Orders:
- Yallourn Energy
Because more than one organisation or group can have shares (or entitlement) in the water being held in a reservoir, each shareholder must follow rules about:
- The maximum volumes that can be taken from the reservoir, system or waterway.
- Costs of managing the system, and how they are shared.
At a number of reservoirs, SRW acts as the storage manager on behalf of all shareholders.
As a storage manager, we:
- Allocate water (both increases and decreases) according to the % shares held by shareholders.
- Ensure that we meet the rules about passing continuous flows downstream for environmental purposes.
- Release water to meet a shareholder’s request.
Passing flows are a vital part of our Bulk Entitlement Orders and are met before allocations.
The Act states that we have the power to make by-laws - special rules published in the Government Gazette which apply within a specific area of Southern Rural Water's responsibility.
Since the Water Act came into operation, we have made two by-laws:
Statement of Obligations
This statement sets out a broad range of obligations and guiding principles applicable to all water corporations. It revokes and replaces all previous statements of obligations made and issued to a water corporation under s. 4I of the Water Industry Act 1994, with the exception of the Statement of Obligations (System Management) issued by the Minister for Water on 16 January 2015.