Section 16 of the Essential Services Commission Act 2001 requires the Commission to enter into Memoranda of Understanding (MOU) with a number of prescribed agencies. The legislation identifies that an MOU may include any matter that the Commission and prescribed body consider appropriate, but must include the matters set out in the regulations. In particular, the Commission Regulations 2001 require that an MOU must provide for the integration and coordination by the parties of their regulatory or other activities and must include:
- the objectives of the MOU relating to regulated industries
- the roles of the parties
- how the parties will jointly consult and communicate on regulatory issues that affect them
- what formal processes will be followed in the relationship between the parties.Memoranda to date are listed below.