The government plans to repeal Labour's Three Waters legislation by the end of next week.
The repeal will disestablish the planned ten water entities, instead keeping water assets in councils' hands.
Cabinet has agreed to set-up an advisory group to prepare for the implementation of the coalition government's water plan.
The new regime will be established through two new pieces of legislation.
The first will provide a framework for councils to provide their own water-services delivery plans.
