As required by Section 11(1) of the Independent Pricing and Regulatory Tribunal Act 1992, the Independent Pricing and Regulatory Tribunal has investigated proposals by the Gosford City Council (a standing reference agency in Schedule 1 of the Act) for maximum prices to be charged from 1 July 1999 for declared water supply, sewerage and drainage monopoly services.
Following consultation with Gosford Council in late 1998, the Tribunal decided to postpone the setting of a new medium term price path for the Council until 1 July 2000. In the interim, the Tribunal has conducted this investigation in order to make a one year determination for the period from 1 July 1999.