(1) Nothing in this
Act is to be taken to limit the ability of WMC Resources Ltd and the
Water Corporation —
(a) to
determine any matter incidental or supplementary to the operation of this Act
by agreement made between them, whether before or after the commencement day;
and
(b) to
give effect to any such agreement.
(2) An agreement
referred to in subsection (1) must not be inconsistent with this Act.