<table>
<tr>
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                                              <p class="MsoNormal" style="text-align: center">
                                              <b>
                                              <span style="font-family: Arial">
                                              GHANA WATER AND SEWERAGE 
                                              CORPORATION ACT, 1965 (ACT 310)</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              As amended by</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              GHANA WATER AND SEWERAGE 
                                              CORPORATION ACT, 1965 (AMENDMENT) 
                                              DECREE, 1968 (NLCD 247)1.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              GHANA WATER AND SEWERAGE 
                                              CORPORATION ACT, 1969 (AMENDMENT) 
                                              DECREE, 1969 (NLCD 391)2.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              LOCAL ADMINISTRATION ACT, 1971 
                                              (ACT 359).3</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              ARRANGEMENT OF SECTIONS</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Section</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;1. Establishment of Corporation.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;2. Objects of Corporation.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;3. Board.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;4. Execution of functions.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;5. Meetings of Board.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;6. Chief Executive.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;7. Corporation to be run on 
                                              practices in public utility 
                                              enterprises.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;8. Borrowing powers.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;9. Assets and reserves.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              10. Liability and responsibility.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              11. Accounts.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              12. Audit.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              13. Auditor's report.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              14. Regulations.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              15. Relations with local 
                                              authorities, etc.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              16. Exemption from tax.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              17. Interpretation.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              18. Repeal.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              19. Commencement.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">&nbsp;</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">&nbsp;</span></p>
                                              <p class="MsoNormal" style="text-align: center">
                                              <span style="font-family: Arial; font-weight: 700">
                                              THE THREE HUNDRED AND TENTH</span></p>
                                              <p class="MsoNormal" style="text-align: center">
                                              <b></p>
                                              <p class="MsoNormal" style="text-align: center">
                                              <span style="font-family: Arial; font-weight: 700">
                                              ACT OF THE PARLIAMENT OF THE 
                                              REPUBLIC OF GHANA</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              ENTITLED</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              THE GHANA WATER AND SEWERAGE 
                                              CORPORATION ACT, 1965</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              AN ACT to establish and 
                                              incorporate the Ghana Water and 
                                              Sewerage Corporation, to provide 
                                              for its functions and maintenance, 
                                              to repeal the Waterworks Ordinance 
                                              (Cap. 67) and to provide for 
                                              matters connected therewith or 
                                              incidental thereto.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              DATE OF ASSENT: 22nd October, 1965</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              BE IT ENACTED by the President and 
                                              the National Assembly in this 
                                              present Parliament assembled as 
                                              follows:&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 1&#8212;Establishment of 
                                              Corporation.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) There is hereby established a 
                                              body corporate to be known as the 
                                              Ghana water and Sewerage 
                                              Corporation.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Corporation shall, by the 
                                              name assigned to it by subsection 
                                              (1), be a body corporate and shall 
                                              have perpetual succession and a 
                                              common seal, may sue and be sued 
                                              in such name and may for the 
                                              purposes of this Act enter into 
                                              contracts and other transactions.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) The Corporation shall have the 
                                              power, for the discharge of its 
                                              functions conferred by or under 
                                              this Act, to acquire and hold any 
                                              movable or immovable property and 
                                              to sell, lease, mortgage or 
                                              otherwise alienate or dispose of 
                                              any such property.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 2&#8212;Objects of Corporation.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The objects of the Corporation 
                                              shall be&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) the provision, distribution 
                                              and conservation of the supply of 
                                              water in Ghana for public, 
                                              domestic and industrial purposes; 
                                              and</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) the establishment, operation 
                                              and control of sewerage systems of 
                                              such purposes.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) Without prejudice to the 
                                              generality of subsection (1), the 
                                              powers of the Corporation shall 
                                              include, in relation to all or any 
                                              of the aforesaid objects &#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) the preparation of long-term 
                                              plans in consultation with the 
                                              appropriate co-ordinating 
                                              authority established by the 
                                              President;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) the conduct of research 
                                              relative to water, sewerage, and 
                                              connected subjects;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (c) the making of engineering 
                                              surveys and plans;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (d) the construction and operation 
                                              of works;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (e) the setting of standards 
                                              relative to water supply and 
                                              sewerage in collaboration with 
                                              appropriate authorities selected 
                                              for the purposes of this Act by 
                                              the President;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (f) the determination of adequate 
                                              rates, charges or fees, and 
                                              effective methods for collection 
                                              thereof, for water and sewerage 
                                              services furnished to all classes 
                                              of users; and</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (g) the conduct of other related 
                                              or incidental activities.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) For the purpose of carrying 
                                              out any of its objects the 
                                              Corporation may, by its officers, 
                                              other employees or agents&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) after giving notice to the 
                                              owner or occupier of any land or 
                                              premises, enter upon any such land 
                                              or premises and thereon dig 
                                              trenches, lay pipes and do other 
                                              acts reasonably necessary for 
                                              carrying out such objects; and
                                              </span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) enter any road or place to 
                                              which the public have access for 
                                              carrying out such objects:</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Provided that the Corporation 
                                              shall do as little damage as 
                                              possible in the exercise of its 
                                              powers under this section, and 
                                              shall compensate for any damage 
                                              caused by the exercise of such 
                                              powers, and the liability for, and 
                                              the amount of, the compensation 
                                              shall, in case of difference, be 
                                              settled in accordance with the 
                                              provisions of the Arbitration Act, 
                                              1961 (Act 38).</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 3&#8212;Board.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The governing body of the 
                                              Corporation shall be a Board.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Board shall consist of&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) a chairman who shall be 
                                              appointed by the National 
                                              Liberation Council,</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) the person appointed as the 
                                              Managing Director of the 
                                              Corporation by National Liberation 
                                              Council, or his representative,</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (c) the Principal Secretary of the 
                                              Ministry responsible for the 
                                              Corporation, or his 
                                              representative,</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (d) the Principal Secretary of the 
                                              Ministry of Economic Affairs, or 
                                              his representative, and </span>
                                              </p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (e) three other persons all of 
                                              whom shall be appointed by the 
                                              National Liberation Council. [As 
                                              substituted by teh Ghana Water and 
                                              Sewerage Corporation Act, 1965 
                                              (Amendment) Decree, 1969 (NLCD 
                                              391) s(1) ].</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3)&nbsp; The Chairman and members of 
                                              the Board appointed under 
                                              subsection (2)(e) of this section 
                                              shall hold office for three 
                                              years.&nbsp; The appointment of such 
                                              members may be renewed from time 
                                              to time. [As substituted by the 
                                              Ghana Water and Sewerage 
                                              Corporation Act, 1965 (Amendment) 
                                              Decree, 1969 (NLCD 391) (2)].</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) No person shall be qualified 
                                              to be a member of the Board who is 
                                              a member of any assembly or other 
                                              body having for the time being 
                                              authority to enact laws which have 
                                              effect throughout Ghana.</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) No person shall be qualified 
                                              to be a member of the Board if 
                                              having been declared as insolvent 
                                              or a bankrupt under any law in 
                                              force in Ghana or in any other 
                                              country is an undischarged 
                                              insolvent or bankrupt.</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (c) The Chairman and the members 
                                              of the Board appointed under 
                                              subsection (2) (e) of this section 
                                              shall be persons who have had 
                                              experience of, and have 
                                              demonstrated competence in one or 
                                              more of the following fields, that 
                                              is to say, public utility 
                                              operation and practice, industry, 
                                              trade, finance, science and 
                                              administration, and no such person 
                                              shall be an employee of the 
                                              Corporation and not more than one 
                                              of such persons shall be a person 
                                              employed by the Government. [As 
                                              inserted by Ghana Water and 
                                              Sewerage Corporation Act 1965 
                                              (Amendment) Decree, 1969 (NLCD 
                                              391) s. (3)].</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (4) The Board may pay to its 
                                              members other than the Managing 
                                              Director, such subsistence, 
                                              travelling and other allowances at 
                                              such rates as the Minister may 
                                              approve.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (5) So to do of any member of the 
                                              Board, other than the Managing 
                                              Director, may be terminated at any 
                                              time by the President if he is of 
                                              opinion that it is in the interest 
                                              of the Corporation so to do. The 
                                              Managing Director shall be 
                                              appointed for such period and on 
                                              such terms and conditions as the 
                                              President may think fit. [As 
                                              amended by the Ghana Water and 
                                              Sewerage Corporation Act, 1965 
                                              (Amendment) Decree, 1969 (NLCD 
                                              391) s. (4)].</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (6) The Chairman and any member of 
                                              the Board appointed under 
                                              subsection (2) (e) of this 
                                              section, may resign his office by 
                                              notice in writing addressed to the 
                                              National Liberation Council and 
                                              any such person may be removed 
                                              from office by the National 
                                              Liberation Council&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) if he becomes a person of 
                                              unsound mind;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) if he is declared insolvent or 
                                              bankrupt under any law in force in 
                                              Ghana or in any other country;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (c) if he suspends payment or 
                                              compounds with his creditors;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (d) if he is absent from three 
                                              consecutive meetings of the Board 
                                              without such reason as would 
                                              appear to the National Liberation 
                                              Council to be sufficient;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (e) if he is sentenced to death or 
                                              to imprisonment for a term 
                                              exceeding twelve months without 
                                              the option&nbsp; of a fine or is 
                                              convicted of an offence involving 
                                              dishonesty;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (f) if he is guilty of serious 
                                              misconduct in relation to his 
                                              duties as Chairman or member of 
                                              the Board; or</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (g) if in the case of a person 
                                              possessed of professional 
                                              qualifications, he is disqualified 
                                              or suspended, otherwise than at 
                                              his own request, from practising 
                                              his profession in Ghana or in any 
                                              other country by order of any 
                                              competent authority made in 
                                              respect of him personally. [As 
                                              substituted by the Ghana Water and 
                                              Sewerage Corporation Act, 1965 
                                              (Amendment) Decree, 1969 (NLCD 
                                              391) s.(5)].</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (6A) Where the office of the 
                                              Chairman or a member of the Board 
                                              appointed under subsection (2) (e) 
                                              of this section becomes vacant 
                                              before expiration of his term of 
                                              office as prescribed under 
                                              subsection (3) of this section (as 
                                              amended) the National Liberation 
                                              Council shall without prejudice to 
                                              the provisions of subsection (7) 
                                              of this section appoint another 
                                              person in his place and to hold 
                                              office for the unexpired portion 
                                              of his term of office.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (6B) Where it appears to the 
                                              National Liberation Council that 
                                              any member of the Board is unable, 
                                              owing to his absence from Ghana, 
                                              or illness or any other sufficient 
                                              cause, to perform the duties of 
                                              his office under this Act, the 
                                              National Liberation Council may 
                                              appoint another person to hold 
                                              office in his place until such 
                                              time as the National Liberation 
                                              Council is satisfied that the 
                                              member is able to perform his 
                                              duties or until the term of such 
                                              member expires, whichever first 
                                              occurs. [As inserted by the Ghana 
                                              Water and Sewerage Corporation 
                                              Act, 1965 (Amendment) Decree, 1969 
                                              (NLCD 391) s.(5)]. </span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (7) Every member shall, on ceasing 
                                              to be a member, be eligible for 
                                              re-appointment.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 4&#8212;Execution of Functions.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The Corporation shall be 
                                              responsible for the execution of 
                                              its functions in accordance with 
                                              the provisions of this Act, being 
                                              guided by the Minister in matters 
                                              of general policy.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 5&#8212;Meetings of Board.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The Board shall meet for the 
                                              despatch of its business at such 
                                              times and at such places as the 
                                              Chairman thereof may appoint, so, 
                                              however, that the Board shall meet 
                                              at least once every month.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) At every meeting of the Board 
                                              at which he is present, the 
                                              Chairman shall preside and in his 
                                              absence, a member of the Board 
                                              appointed by the members present 
                                              from among themselves, shall 
                                              preside.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) Questions proposed at a 
                                              meeting of the Board shall be 
                                              determined by a simple majority of 
                                              members present and voting and in 
                                              the event of an equality of votes 
                                              the person presiding shall have a 
                                              second or casting vote.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (4) The quorum at any meeting of 
                                              the Board shall be four.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (5) The Board may make bye-laws or 
                                              other instruments, not 
                                              inconsistent with this Act for the 
                                              purpose of regulating its business 
                                              or any other matter falling within 
                                              the scope of its functions.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (6) The Board may, at any time, 
                                              co-opt any person or persons to 
                                              act as adviser or advisers at any 
                                              of its meetings, so, however, that 
                                              no person so co-opted shall be 
                                              entitled to vote at any such 
                                              meeting on any matter for decision 
                                              by the Board.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (7) The validity of any 
                                              proceedings of the Board shall not 
                                              be affected by any vacancy among 
                                              its members or by any defect in 
                                              the appointment of any of them.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 6&#8212;Chief&nbsp; Executive.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Subject to such directions as may 
                                              be given by the Board on matters 
                                              of general policy, the Managing 
                                              Director thereof shall be the 
                                              chief executive officer of the 
                                              Corporation and shall, subject to 
                                              such directions, be charged with 
                                              the conduct of its business, its 
                                              administration and organisation, 
                                              and with the selection, control, 
                                              and dismissal of all the staff and 
                                              employees of the Corporation and 
                                              with the determination of their 
                                              conditions of service.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 7&#8212;Corporation to be run on 
                                              Practice in Public Utility 
                                              Enterprises.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The Corporation shall cause its 
                                              affairs to be managed in 
                                              accordance with the practices 
                                              observed in public utility 
                                              enterprises and in particular 
                                              shall cause its functions under 
                                              this Act to be carried out so as 
                                              to ensure that, taking one year 
                                              with another, its revenues are 
                                              equal to or greater than its 
                                              outgoings.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 8&#8212;Borrowing Powers.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The Corporation may obtain 
                                              loans and other credit facilities 
                                              on the guarantee of the Government 
                                              from the National Investment Bank 
                                              or from such other Bank as the 
                                              Minister responsible for Finance 
                                              may approve.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) Apart from the powers of the 
                                              Corporation under subsection (1) 
                                              of this section, the Corporation 
                                              may, with the prior approval of 
                                              the Minister responsible for 
                                              Finance, borrow money from any 
                                              other source.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) For the purposes of any 
                                              technical arrangements in 
                                              connection with the raising of any 
                                              loan under subsection (2) of this 
                                              section, the Corporation shall, if 
                                              the National Investment Bank 
                                              agrees, use the services of that 
                                              Bank.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 9&#8212;Assets and Reserves.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) There shall be vested in the 
                                              Corporation such assets as may be 
                                              transferred to the Corporation by 
                                              the Minister by executive 
                                              instrument and such other assets 
                                              as may be transferred to it by 
                                              other persons.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Corporation may receive 
                                              grants from the Government for 
                                              development and as working 
                                              capital.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) The Corporation shall 
                                              establish and maintain by annual 
                                              payments from its earnings a 
                                              depreciation fund for the 
                                              replacement of fixed assets which 
                                              become worn out or become 
                                              obsolete, and shall establish such 
                                              capital sinking funds as may be 
                                              required for expansion and 
                                              development financing.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 10&#8212;Liability and 
                                              Responsibility.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The Corporation shall be 
                                              responsible for such liabilities 
                                              and contracts as may have been 
                                              incurred or entered into by any 
                                              other person or authority before 
                                              the date of the commencement of 
                                              this Act in respect of any object 
                                              of the Corporation and specified 
                                              in an executive instrument made by 
                                              the Minister under this subsection 
                                              and any matters relating to such 
                                              liabilities and contracts shall be 
                                              carried out on and after that date 
                                              by the Corporation as if the 
                                              Corporation were such other person 
                                              or authority.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Corporation shall continue 
                                              in employment any employees of 
                                              such other person or authority on 
                                              and after that date on such terms 
                                              and conditions as may be fixed by 
                                              the Corporation.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 11&#8212;Accounts.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The Corporation shall keep 
                                              proper books of account and proper 
                                              records in relation thereto.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) Subject to such directions as 
                                              to form as the Minister 
                                              responsible for Finance, and the 
                                              Minister may jointly give, the 
                                              Corporation shall prepare, in 
                                              respect of each financial year, a 
                                              statement of accounts which shall 
                                              include&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) a balance sheet, a statement 
                                              of income and expenditure and a 
                                              statement containing such 
                                              information as had the Corporation 
                                              been a company registered under 
                                              the Companies Code (Act 179) would 
                                              be required to be laid before the 
                                              company by the directors at an 
                                              annual meeting; and</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) such other information in 
                                              respect of the financial affairs 
                                              of the Corporation as the Minister 
                                              or the Minister responsible for 
                                              Finance may require.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (3) The Corporation shall, as soon 
                                              as possible, but within three 
                                              months after the termination of 
                                              each financial year, submit an 
                                              annual report to the Minister, in 
                                              such form as the Minister may 
                                              prescribe, which shall include the 
                                              statements of account specified in 
                                              subsection (2) of this section and 
                                              the Minister shall as soon as 
                                              practicable lay the report before 
                                              the National Assembly.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (4) The Corporation shall submit 
                                              to the Minister such report of its 
                                              financial affairs as the Minister 
                                              may at any time require.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 12&#8212;Audit.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The books and accounts of the 
                                              Corporation shall be audited each 
                                              year by the Auditor-General or an 
                                              auditor appointed by him.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Auditor-General shall, not 
                                              later than three months after the 
                                              termination of each financial year 
                                              forward to the Minister a copy of 
                                              the audited accounts of the 
                                              Corporation for the financial year 
                                              immediately preceding.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 13&#8212;Auditor's Report.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) The Auditor-General or the 
                                              auditor appointed by him shall 
                                              report annually to the Minister 
                                              the result of his examination of 
                                              the accounts and financial 
                                              statement of the Corporation, and 
                                              the report shall state whether in 
                                              his opinion&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) proper books of accounts have 
                                              been kept by the Corporation;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) the financial statement of the 
                                              Corporation &#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 72.0pt">
                                              <span style="font-family: Arial">(i) 
                                              was prepared on a basis consistent 
                                              with that of the preceding year 
                                              and is in agreement with the books 
                                              of accounts;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 72.0pt">
                                              <span style="font-family: Arial">
                                              (ii) in the case of the balance 
                                              sheet, give a true and fair view 
                                              of the state of the Corporation's 
                                              affairs as at the end of the 
                                              financial year; and</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 72.0pt">
                                              <span style="font-family: Arial">
                                              (iii) in the case of the statement 
                                              of income and expenses, gives a 
                                              true and fair view of the income 
                                              and expenses or profit and loss of 
                                              the Corporation for the financial 
                                              year;</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              and the Auditor-General or the 
                                              auditor appointed by him shall 
                                              call the attention of the Minister 
                                              to any other matter falling within 
                                              the scope of his examination 
                                              which, in his opinion, should be 
                                              brought to the attention of the 
                                              National Assembly.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Auditor-General or the 
                                              auditor appointed by him, shall 
                                              from time to time make to the 
                                              Corporation or to the Minister 
                                              such other reports as he may deem 
                                              necessary or as the Minister 
                                              responsible for Finance or the 
                                              Minister may require.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 14&#8212;Regulations.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The Board may, with the approval 
                                              of the Minister, by legislative 
                                              instrument, make regulations&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (a) in respect of such matters as 
                                              are required under this Act to be 
                                              prescribed;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (b) fixing water rates, sewerage 
                                              charges, and other fees necessary 
                                              for giving effect to any matter 
                                              specified in this Act;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (c) for the prevention of the 
                                              waste of water;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (d) for the suspension of water 
                                              supply;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (e) for the prevention of the 
                                              pollution of water;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (f) for the inspection of any 
                                              appliances whereby or in 
                                              connection with which water is 
                                              supplied or sewerage systems are 
                                              established;</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (g) for the conditions of service 
                                              of the staff of the Corporation, 
                                              including conditions for the 
                                              establishment of a Provident Fund 
                                              or Pension Fund Scheme; and</span></p>
                                              <p class="MsoNormal" style="text-align: justify; margin-left: 36.0pt">
                                              <span style="font-family: Arial">
                                              (h) for any other matter for 
                                              carrying out the principles and 
                                              provisions of this Act.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 15&#8212;Relations with Local 
                                              Authorities, Etc.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) A council within the meaning 
                                              of the Local Administration Act, 
                                              1971 (Act 359) shall exercise any 
                                              object conferred or deemed to be 
                                              conferred under that Act, subject 
                                              to such directions as may be given 
                                              by the Corporation, if such object 
                                              is connected with or incidental to 
                                              an object of the Corporation 
                                              specified in section 2 of this 
                                              Act.[As amended by the Local 
                                              Administration Act, 1971 (Act 
                                              359), sch. to s.118]</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) The Corporation shall have 
                                              preference over other authorities 
                                              in the use of water resources for 
                                              public, domestic and industrial 
                                              purposes and if there is any doubt 
                                              as to the meaning of the 
                                              expression &quot;public, domestic and 
                                              industrial purposes&quot; in section 2 
                                              of this Act, such doubt shall be 
                                              resolved by the Minister whose 
                                              decision shall be final.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 16&#8212;Exemption from Tax.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The Corporation shall be exempt 
                                              from the payment of income tax or 
                                              any other prescribed tax.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 17&#8212;Interpretation.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              In this Act unless the context 
                                              otherwise requires&#8212;</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &quot;Corporation&quot; means the 
                                              Corporation established under 
                                              section 1 of this Act; </span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &nbsp;'financial year' means the 
                                              financial year of the Government. 
                                              [As substituted by the Ghana Water 
                                              and Sewerage Corporation Act, 1965 
                                              (Amendment)&nbsp; Decree, 1968 (NLCD 
                                              247) s. 1].</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              &quot;Minister&quot; means the Minister to 
                                              whom the functions under this Act 
                                              have been assigned by the 
                                              President.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (1) Notwithstanding anything in 
                                              the principal enactment before the 
                                              commencement of this Decree the 
                                              period beginning with the 
                                              commencement of the principal 
                                              enactment and ending on the 31st 
                                              day of December, 1966 shall for 
                                              all purposes be deemed to have 
                                              been the first financial year of 
                                              the Water and Sewerage 
                                              Corporation.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              (2) For the purposes of the 
                                              definition of the financial year 
                                              of the said Corporation as 
                                              substituted by paragraph 1 of this 
                                              Decree the period beginning with 
                                              the 1st day of January, 1968 and 
                                              ending on the 30th day of June, 
                                              1968 shall be deemed to be a 
                                              financial year. [Inserted and to 
                                              be cited as Ghana Water and 
                                              Sewerage Corporation Act, 1965 
                                              (Amendment) Decree, 1968 (NLCD 
                                              247) s.2].</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 18&#8212;Repeal.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              The Waterworks Ordinance (Cap. 67) 
                                              is hereby repealed:</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              Provided that any statutory 
                                              instrument made under that 
                                              Ordinance, and in force on the day 
                                              immediately before the date of 
                                              commencement of this Act shall, 
                                              until such instrument is amended 
                                              or rescinded, continue in force 
                                              under the corresponding provisions 
                                              of this Act.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <b>
                                              <span style="font-family: Arial">
                                              Section 19&#8212;Commencement.</span></b></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">
                                              This Act shall come into force on 
                                              such date as may be fixed by the 
                                              President by legislative 
                                              instrument.</span></p>
                                              <p class="MsoNormal" style="text-align: justify">
                                              <span style="font-family: Arial">&nbsp;</span></td>
                </tr>
              </tbody>
            </table>
          