Every season, entitlement holders who hold high and low-relability water shares receive a percentage of those shares.
The percentage depends on seasonal conditions and the volume of water held in the storage that is available to distribute - this percentage of the shares is called a seasonal determination.
Seasonal determinations are updated on the 1st and 15th of every month or the next business day, until the seasonal determination reaches 100% for high-reliability water shares.
These updates occur regularly to ensure that any improvements that might come from rainfall and water flowing into the storages can be distributed to entitlement holders as early as possible.
Find out more about how seasonal determinations work.