In June 2018 an overwhelming majority accepted an offer to transition the Theodore channel scheme to local
management. The offer, negotiated with government on behalf of customers by a transition board, was distributed to customers in April, 2018.
For local management to proceed, customers representing at least 70% of the water allocations by volume needed to accept the offer and at least 50% (of water allocations by volume) needed to elect to become members. The offer closed in May, with more than 95% support for the assets to be owned and managed by an irrigator-owned company.
Subject to the completion of the transfer process Theodore Water Ltd Pty will own and manage the assets from October 1, 2018.