An Act to make new provision with respect to the supply and control of water and sewerage services in Belize; to promote the conservation and proper use of water resources; to provide for the issue of licences to water supply companies; to provide for the vesting of the assets and liabilities of the Water and Sewerage Authority in the company or companies licensed by the Public Utilities Commission; to repeal the Water and Sewerage Act, Chapter 185 of the Laws of Belize; and to provide for matters connected therewith or incidental thereto.