Department of Sustainability and
Environment has recently confirmed new carryover arrangements for
Goulburn,
Campaspe and Murray Systems. Further investigations are continuing for
customers in other systems, until then customers can make use of
existing arrangements.
Customers are encouraged to seek further advice to ensure they are fully
informed
before making decisions for their business. G-MW staff can provide some
guidance but they cannot advise customers on what is best for their
individual
circumstances.
1. System Carryover of unused
allocation is available to customers on the Loddon, Broken and Bullarook
regulated systems.
2. Linked ABA
To carryover your unused allocation the allocation must
be held in an Allocation Bank Account (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 limited term transfer if it expires this
season, that
is, before 1 July 2010.
3. Carryover limits You can
carryover a maximum volume equivalent to 50% of your High Reliability
Water
Shares (HRWS) and 50% of your Low Reliability Water Shares (LRWS).
4. Do I need to apply for carryover? No, unused 2009/10
allocation in a linked ABA at 30 June 2010 will be automatically carried
over to 2010/11 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 2009/10 year, any allocation you intend to
carryover must be in an ABA linked to a water share.
5. 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 ABA.
Alternatively you can use or sell this excess water before the end of
the
2009/10 season.
6. Unused allocation that is not
carried over by individual customers will be written off from the ABA
return to
the pool to meet needs for the 2010/11 season - including new season
allocations.
7. Evaporation Loss On 1 July 2010, 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 2010/11 season.
8. Impact on 2010/11 Allocations If,
during the course of next season, the sum of your
HRWS carryover (as at 1 July 2010) and
2010/11 HRWS allocation reaches 100% of your HRWS volume, you will not
receive
any further 2010/11 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 2010/11 season.
-
The same principle applies to LRWS
carryover.
-
For example, if you carry over the
equivalent of 50% of your HRWS, you will start the
-
2010/11 season with 47.5% after
the 5% evaporation allowance is deducted. Once the 2010/11 HRWS
allocation
reaches 52.5% you will not receive further HRWS allocation improvements
for the
remainder of the 2010/11 season.
9. Trading carryover From July
2010, you can trade the allocation you have carried over, or purchase
allocation someone else has carried over.
10. Delivery Once the supply system
that services your property is operating you can take delivery of your
carryover. You don't have to wait for a HRWS or LRWS allocation in order
to
access any or all of your carryover.
If conditions remain dry:
-
G-MW will try to deliver carryover
to customers on the smaller river systems and in the channel Irrigation
Areas
and pumped irrigation systems wherever this can be done within the
volume of
water available for system operations.
-
G-MW may have to manage requests
for delivery of carryover on the smaller river systems and in the
channel
Irrigation Areas on a case by case basis and customers will need to
discuss
their plans with G-MW closer to the start of the next season when the
situation
will be clearer.
To download a printable pdf version of this information
click here