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G-MW Allocation trade applications

Goulburn-Murray Water is reminding its customers to submit allocation trade applications by Friday, June 20.

June 10, 2014 3:00pm

 

Goulburn-Murray Water is reminding its customers to submit allocation trade applications by Friday, June 20.

The Country News week of Tuesday, June 10 incorrectly printed July 20 as the closing date for allocation trade applications.

Application must be in by June 20 to ensure they are processed before the 2013-14 season ends.

G-MW acting general manager retail and operations Peter Clydesdale said late season trading gave customers the opportunity to buy water to carry over into the next season or to sell unused water in their allocation account (ABA).

Mr Clydesdale said customers needed to be aware of the carryover limits that apply to their circumstance and need to check that their water allocation is in an ABA linked to an active water share.

Any allocation not in line with these conditions would be written off on Tuesday, July 1.

‘‘Applications received after these dates will still be processed but may not be finalised in the current season,’’ Mr Clydesdale said.

Some water brokers could provide more flexibility and could submit trades until 5pm on Wednesday, June 30.

‘‘G-MW staff can provide some guidance on the rules, but they cannot advise customers on what’s best for their individual circumstances,’’ Mr Clydesdale said.

■ For more information on trade allocation and carryover water, phone G-MW on 1800013357.

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