Answer:		Administration and Race operations
		Loan Servicing

Question: Must I pay this charge if I do not use the water?
Answer: Yes, the charge includes fixed costs and loan servicing charges which have to be met irrespective as to whether or not you use the water.

Question: How do I order water?
Answer: A minimum 48 hours notice of wanting water must be given by facsimile to the Race Operations Manager, Mr. Phil Reid 03 313 0074. Similarly, 48 hours notice must also be given before stopping irrigation.

Question: At what rate can I use the water?
Answer: The Company's Resource Consents restrict the application rate as per Volumes and Flow Rates

Question: Can I sell my shares?
Answer: Yes, with the proviso that the Board of Directors must approve the sale. The reason for this is to ensure that the additional water can be economically delivered to the new location and that the purchaser has completed and signed the Company's Water Supply Agreement. Please contact the Company's Secretary prior to any proposed sale or purchase.

Please note the following important points on the sale and purchase of shares -

1  The transfer of shares in Waimakariri Irrigation Ltd is governed by the Constitution of WIL. The constitution includes important restrictions that apply to the transfer of shares and may result in a transfer being refused.

2  A purchaser of property supplied with water from the WIL scheme can not assume that shares in WIL, held by the vendor of the property, will be able to be transferred to the purchaser.

3   The board of WIL is required to refuse to register a transfer of shares if the Board is not satisfied as to specific matters set out in the Constitution, including that the supply of water to the proposed transferee:

-  is technically possible;

-  can be provided with a certainty of supply (whether as to timing or quantity or flow or otherwise) the Board considers acceptable;

-  can be provided with the same efficiency as water was supplied to the transferor; or

-   would not affect detrimentally the supply (whether as to timing or quantity or flow or otherwise) of water to any existing shareholder.

4  Issues affecting the transfer of shares are particularly likely to arise where a property is being subdivided and the vendor wishes to sell subdivided lots with some of the shares that are held in respect of the whole property.

5  In addition, the Board may refuse to register a transfer of shares if WIL's standard fee for processing a transfer and preparing an agreement for supply of water to the transferee has not been received by WIL.

6  There are other important provisions of the Constitution that are also relevant to the transfer of shares in WIL and could result in a transfer being refused. A copy of the Constitution can be reviewed at the website of the Register of Companies (www.companies.govt.nz) ot the registered office of WIL ( being at the offices of Koller & Hassall Ltd, 267 High Street, Rangiora ).

7  WIL cannot emphasise enough the care that must be taken in relation to the transfer of shares in WIL and strongly recommends that you make yourself aware of the relevant provisions of the Constitution.

8  If you would like to discuss the transfer of shares in WIL then please contact WIL.

Question: Can I lease my shares?
Answer: Yes, On the same basis as above. The company has a standard form of lease that it requires to be completed.

Question: How do I know I'm taking the right amount of water?
Answer: You are required to measure the amount of water you take to an accuracy of plus or minus 5%.
Several methods exist for doing this. Consult your irrigation equipment supplier.

Question: Can I take my water on an intermittent basis?
Answer: No, the scheme is designed to supply water continuously. It is not feasible to accommodate start-stop irrigation within the required "48 hours notice" time frame. If you wish to irrigate on an intermittent basis you must construct a suitable storage pond. (Waimakariri District Council and/or WIL approval is required).

Question: Who is responsible if my equipment fails and the resulting slug of water floods my down stream neighbours crops?
Answer: The irrigator, not the irrigation company, remains responsible at all times for any such damage.