(1) A corporation has the following functions--(a) to provide, maintain or operate a water supply system, water distribution system or drainage system,(b) any other function conferred or imposed on the corporation by or under this or any other Act.
(2) A corporation may supply water--(a) under an access licence or approval held by the corporation, or(b) for the purpose of an access licence or approval held by a member whose member's water entitlement has been transformed under Division 4.
(3) A corporation must exercise its functions in accordance with this Act, the regulations and the rules.