The Water Act 2014 received Royal Assent on 14 May 2014. The purpose of the act is to:

  • reform the water industry to make it more      innovative and responsive to customers and to increase the resilience of      water supplies to natural hazards such as drought and floods
  • to bring forward measures to address the availability      and affordability of insurance for those households at high flood risk and      ensure a smooth transition to the free market over the longer term

For details click here

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