with 44 gl of water available for use, trade or carryover ... · sell or use allocation, or sell...

1
Is your water in a linked ABA? To carry over your unused allocation it must be held in an ABA that is linked to a water share, a supply by agreement, or a limited term transfer of a water share linked ABA. You cannot carry over allocation against a limited term transfer if it expires this season, that is, before 1 July 2011. How much water can I carry over? You can carry over a maximum volume equivalent to 50% of your high reliability water shares (HRWS) and 50% of your low reliability water shares (LRWS). Do I need to apply for carry over? No, unused 2010/11 allocation in a linked ABA at 30 June 2011 will automatically carry over to the 2011/12 season, as follows: • Your unused allocation will first be carried over and recorded against your HRWS – up to 50% of your HRWS. • Any additional unused allocation will then be carried over and recorded against your LRWS – up to 50% of your LRWS. Before the end of the 2010/11 year, any allocation you intend to carry over must be in an linked ABA. I have more water than I can carry over, what can I do with it? If you want to carry over more water than equivalent to 50% of your HRWS and 50% of your LRWS, you may transfer the extra allocation to another linked ABA. Alternatively you can use or sell this excess water before the end of the 2010/11 season. Unused allocation that is not carried over by individual customers will be written off from the ABA and returned to the pool to meet needs for the 2011/12 season – including new season allocations. How much water can I access at the start of the season? You can access your carryover from 1 July 2011. 5% will be deducted from your carryover volume to cover evaporation losses. For example, if you carry over 100 ML you will have 95 ML at the start of the 2011/12 season. Will new season allocation affect my carryover? If, during the course of next season, the sum of your HRWS carryover (as at 1 July 2011) and 2011/12 HRWS allocation reaches 100% of your HRWS volume, you will not receive any further 2011/12 HRWS allocation. The point at which you will stop receiving further allocation will not change if you sell or use allocation, or sell entitlement during the 2011/12 season. For example, if you carry over the equivalent of 50% of your HRWS, you will start the 2011/12 season with 47.5% after the 5% evaporation allowance is deducted. Once the 2011/12 HRWS allocation reaches 52.5% you will not receive further HRWS allocation improvements for the remainder of the 2011/12 season. The same principle applies to LRWS carryover. Can I trade my carryover? From July 2011, you can trade the allocation you have carried over, or purchase allocation someone else has carried over. L o d d o n , B r o k e n & B u l l a r o ok Car r y o v e r M a r c h 2 0 1 1 With 44 GL of water available for use, trade or carryover on the Loddon, Broken and Bullarook systems, G-MW is encouraging customers to refresh their understanding of the carryover rules that apply for these systems, and to seek further advice to ensure they are fully informed before making decisions. G-MW staff can provide details of customers Allocation Bank Account (ABA) balances and their volume of entitlement, however they cannot advise customers on what is best for their individual circumstances. During May and June G-MW will endeavor to notify ABA owners if their ABA balance is greater than the allowed carryover amount and they are at risk of water being lost on 30 June 2011. Subscribe today to G-MW’s email and mobile SMS services SMS Allocation: Allocation announcements sent direct you your mobile phone. To subscribe please visit WaterLINE online. SMS Water order start-stop: Reminders of your water order start and finish times, 30 minutes prior. To subscribe please visit WaterLINE online. Irrigation eNews: The latest allocation and irrigation information emailed to you twice a month. To subscribe please visit www.g-mwater.com.au/subscribe. eDams: Water storage levels emailed to you daily, weekly or monthly. To subscribe please visit www.g-mwater.com.au/subscribe. WaterLINE online: Offers additional features such as the ability to view spare channel capacity, adjust flow. rates and duration - all with 24 hour convenience. *Unused allocation that is not carried over by individual customers will return to the pool to meet needs for the 2011/2012 season - including new season allocations. Is my unused allocation in an allocation bank account (ABA) linked to a: - Water share, - Supply by agreement or - Limited term transfer of a water share valid on 1 July 2011? You cannot carry over more than 50% of your HRWS and LRWS. If you have allocation in excess of these limits you can: 1. Use the allocation before the end of the 2010/11 irrigation season. 2. Carry over the allocation by transferring it to another linked ABA. 3. You can sell the excess allocation before the end of the 2010/11 year.+ +please ensure you comply with deadlines for water trades and transfers for 2010/11 year. Is the unused allocation in your linked ABA greater than 50% of your HRWS and 50% of your LRWS? If you want to carry over your unused allocation it must be in a linked ABA Your unused allocation will automatically carry over to 2011/12. 5% will be deducted for evaporation losses and the remainder will be available for use or trade from the start of 2011/12 YES YES NO NO www.g-mwater.com.au

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Is your water in a linked ABA? To carry over your unused allocation it must be held in an ABA that is linked to a water share, a supply by agreement, or a limited term transfer of a water share linked ABA. You cannot carry over allocation against a limited term transfer if it expires this season, that is, before 1 July 2011.

How much water can I carry over? You can carry over a maximum volume equivalent to 50% of your high reliability water shares (HRWS) and 50% of your low reliability water shares (LRWS).

Do I need to apply for carry over? No, unused 2010/11 allocation in a linked ABA at 30 June 2011 will automatically carry over to the 2011/12 season, as follows:• Your unused allocation will first be carried over and recorded against

your HRWS – up to 50% of your HRWS.• Any additional unused allocation will then be carried over and

recorded against your LRWS – up to 50% of your LRWS. Before the end of the 2010/11 year, any allocation you intend to carry over must be in an linked ABA.

I have more water than I can carry over, what can I do with it? If you want to carry over more water than equivalent to 50% of your HRWS and 50% of your LRWS, you may transfer the extra allocation to another linked ABA. Alternatively you can use or sell this excess water before the end of the 2010/11 season. Unused allocation that is not carried over by individual customers will be written off from the ABA and returned to the pool to meet needs for the 2011/12 season – including new season allocations.

How much water can I access at the start of the season? You can access your carryover from 1 July 2011. 5% will be deducted from your carryover volume to cover evaporation losses. For example, if you carry over 100 ML you will have 95 ML at the start of the 2011/12 season.

Will new season allocation affect my carryover? If, during the course of next season, the sum of your HRWS carryover (as at 1 July 2011) and 2011/12 HRWS allocation reaches 100% of your HRWS volume, you will not receive any further 2011/12 HRWS allocation.The point at which you will stop receiving further allocation will not change if you sell or use allocation, or sell entitlement during the 2011/12 season.For example, if you carry over the equivalent of 50% of your HRWS, you will start the 2011/12 season with 47.5% after the 5% evaporation allowance is deducted. Once the 2011/12 HRWS allocation reaches 52.5% you will not receive further HRWS allocation improvements for the remainder of the 2011/12 season. The same principle applies to LRWS carryover.

Can I trade my carryover? From July 2011, you can trade the allocation you have carried over, or purchase allocation someone else has carried over.

Loddon, Broken & Bullarook Carryover

March 2011

With 44 GL of water available for use, trade or carryover on the Loddon, Broken and Bullarook systems, G-MW is encouraging customers to refresh their understanding of the carryover rules that apply for these systems, and to seek further advice to ensure they are fully informed before making decisions. G-MW staff can provide details of customers Allocation Bank Account (ABA) balances and their volume of entitlement, however they cannot advise customers on what is best for their individual circumstances. During May and June G-MW will endeavor to notify ABA owners if their ABA balance is greater than the allowed carryover amount and they are at risk of water being lost on 30 June 2011.

Subscribe today to G-MW’s email and mobile SMS servicesSMS Allocation: Allocation announcements sent direct you your mobile phone. To subscribe please visit WaterLINE online.

SMS Water order start-stop: Reminders of your water order start and finish times, 30 minutes prior. To subscribe please visit WaterLINE online.

Irrigation eNews: The latest allocation and irrigation information emailed to you twice a month. To subscribe please visit www.g-mwater.com.au/subscribe.

eDams: Water storage levels emailed to you daily, weekly or monthly. To subscribe please visit www.g-mwater.com.au/subscribe.

WaterLINE online: Offers additional features such as the ability to view spare channel capacity, adjust flow. rates and duration - all with 24 hour convenience.

*Unused allocation that is not carried over by individual customers will return to the pool to meet needs for the 2011/2012 season - including new season allocations.

Is my unused allocation in an allocation bank account (ABA) linked to a:- Water share,- Supply by agreement or- Limited term transfer of a water

share valid on 1 July 2011?

You cannot carry over more than 50% of your HRWS and LRWS. If you have allocation in excess of these limits you can:1. Use the allocation before the end

of the 2010/11 irrigation season.2. Carry over the allocation

by transferring it to another linked ABA.

3. You can sell the excess allocation before the end of the 2010/11 year.+

+please ensure you comply with deadlines for water trades and transfers for 2010/11 year.

Is the unused allocation in your linked ABA greater than 50% of your HRWS and 50% of your LRWS?

If you want to carry over your unused allocation it must be in a linked ABA

Your unused allocation will automatically carry over to 2011/12. 5% will be deducted for evaporation losses and the remainder will be available for use or trade from the start of 2011/12

YESYES

NO

NO

www.g-mwater.com.au