This Act amends the long title of the principal Act as follows: “An Act to provide for the Public Utilities Regulatory Commission to regulate the services provided by, and determine the rates for, public utilities and to perform certain other functions in relation to public utilities; and to further confer on the Public Utilities Regulatory Commission, regulatory oversight of the management of water resources and for related matters.”. Section 2 of the principal Act is amended by inserting definitions of the Water Resource Management Unit and water resources. This Act makes amendments in Section 2 of the principal Act as regards the number of members of the Commission; Section 14 regarding the annual budget of the Commission; Section 17 laying down the functions of the Commission; and Section 32 as regards the Public Utilities Appeal Tribunal. It makes amendments in the principal Act respectively, by inserting after the words “public utility” wherever they appear, the words, “or the Unit,”.