Share Allocation & Trading Policy
Provided that the proper processes are followed, and the required approvals are obtained, trading of water between farmers within the scheme is encouraged by OWL, to facilitate more efficient use of the resource.
- classifies the Opuha scheme into eleven discrete scheme areas based on the individual non-augmented tributaries, hydrological features, and sub-schemes;
- clearly defines the conditions that must be met for the transfer and licensing of shares within and between the scheme areas, these factors being Allocation, Consents & Compliance and Infrastructure;
- covers the trading of all OWL share classes and covers a number of trading scenarios.
Water Management – On Farm Storage
This policy describes the conditions that apply when individual shareholders/irrigators wish to develop water storage facilities on their farm for storage of water supplied by Opuha Water Limited (OWL).
Water Management Policy – On Farm Storage
Water Management – Water Metering and Telemetry
This policy describes the requirements for water meters to be fitted to all irrigation water takes above 5 l/s on the Opuha scheme. The policy provides for Opuha Water Limited (OWL) to have timely access to water meter data for operational and water accounting purposes.
Water Management Policy – Water Metering
Water Management – Water Restrictions – Above Dam Irrigators
This policy describes the policy for company imposed restrictions on use of water for irrigation during dry seasons when catchment and lake storage conditions are critically low.
Water Management Policy – Water Restrictions Above Dam
Environmental Management – FEP & Auditing Fee – Fee Charging Model
This policy specifies the charging regime associated with the preparation and administration of the OWL Farm Environment Plans and associated work streams including Farm Management Plans and Audits by external parties.
Environmental Management Policy – FEP and Auditing Fee Charging (2020)
Environmental Management – FEP Auditing – Non-Compliant Audits
This policy specifies the approach Opuha Water Limited (OWL) will take in addressing non-compliant Audits of OWL shareholder and water users Farm Environment Plans (FEPs). The purpose of the policy is to ensure consistency of action taken by OWL in response to non-compliant Audits.
Environmental Management Policy – Non-compliant audit (2020)
These policies outline the conditions entered into with each of the irrigation schemes merged into OWL on company restructuring.
Policy Document – K Shares