15 (1) The source protection committee for a source protection area shall prepare an assessment report for the source protection area in accordance with the regulations, the rules and the terms of reference.  2006, c. 22, s. 15 (1). Contents (2) An assessment report shall, in accordance with the regulations, the rules and the terms of reference, (a)  identify all the watersheds in the source protection area; (b)  characterize the quality and quantity of water in each watershed identified under clause (a); (c)  set out a water budget for each watershed identified under clause (a) that, (i)  identifies the different ways that water enters and leaves the watershed and quantifies the amount of water that enters or leaves in each way, (ii)  describes the groundwater and surface water flows in the watershed, (iii)  quantifies the existing and anticipated amounts of water taken from the watershed that require a permit under section 34 of the Ontario Water Resources Act or a renewable energy approval under section 47.3 of the Environmental Protection Act, (iv)  quantifies the existing and anticipated amounts of water taken from the watershed that do not require a permit under section 34 of the Ontario Water Resources Act or a renewable energy approval under section 47.3 of the Environmental Protection Act, and (v)  having regard to the information referred to in subclauses (i) to (iv), describes any existing or anticipated water shortages in the watershed; (d)  identify all the significant groundwater recharge areas and highly vulnerable aquifers that are in the source protection area; (e)  identify all the surface water intake protection zones and wellhead protection areas that are in the source protection area and that are related to, (i)  existing and planned municipal drinking water systems that serve or are planned to serve major residential developments, (ii)  existing and planned drinking water systems that, pursuant to resolutions passed under subsection 8 (3), the terms of reference provide for the assessment report to consider, (iii)  existing and planned drinking water systems that, pursuant to an amendment to the terms of reference that was required or made by the Minister under subsection 10 (6), the terms of reference provide for the assessment report to consider, (iv)  existing and planned drinking water systems prescribed by the regulations that serve or are planned to serve reserves as defined in the Indian Act (Canada); (f)  describe the drinking water issues relating to the quality and quantity of water in each of the vulnerable areas identified under clauses (d) and (e); (g)  list, for each vulnerable area identified under clauses (d) and (e), (i)  activities that are or would be drinking water threats, and (ii)  conditions that result from past activities and that are drinking water threats; (h)  identify, within each vulnerable area identified under clauses (d) and (e), (i)  the areas where an activity listed under clause (g) is or would be a significant drinking water threat, and (ii)  the areas where a condition listed under clause (g) is a significant drinking water threat; and (i)  contain such other information as is prescribed by the regulations.  2006, c. 22, s. 15 (2); 2009, c. 12, Sched. E, s. 1. Identification of drinking water threats (3) Clauses (2) (g) and (h) do not apply to a vulnerable area in the circumstances prescribed by the regulations.  2006, c. 22, s. 15 (3). Consultation (4) In preparing the assessment report, the source protection committee shall consult with all of the municipalities in which any part of the source protection area is located.  2006, c. 22, s. 15 (4). Section Amendments with date in force (d/m/y) CTS 30 JA 08 - 1 2009, c. 12, Sched. E, s. 1 (1, 2) - 24/09/2009