Retired Carryover Plans/Share Everything Plans ETCs and PTCs
These charges apply to you if you signed to Carryover Plan or Share Everything Plan on a fixed term prior to 16 February 2015.
- These specific terms and conditions apply in addition to the Pay Monthly Terms & Conditions, and any other specific terms and conditions that apply to a Plan under your Account (together, the Applicable Terms and Conditions).
- These specific terms and conditions will prevail in the case of inconsistency with the Applicable Terms and Conditions.
- Unless stated otherwise, words and phrases in these specific terms and conditions have the same meaning given to them in the Applicable Terms and Conditions.
- Early termination charges are not subject to GST.
EARLY TERMINATION CHARGES
- Unless stated otherwise, we will require you to pay early termination charges where your fixed term (12 or 24 month term) Retired Carryover Plan or Retired Share Everything Plan is terminated either by you or us in accordance with the Applicable Terms and Conditions.
- The amount of the early termination charge that you will be required to pay in respect of your terminated Retired Carryover Plan or Retired Share Everything Plan is calculated as follows:
The monthly Plan Charge of your Carryover Plan or Share Everything Plan multiplied by the number of months remaining on the term of your Carryover Plan or Share Everything Plan as at your final Billing Date multiplied by 40%, provided that if this amount is less than the minimum amount stated in the table below you will be required to pay the minimum amount.
| Carryover Plan | Early Termination Charge (Minimum Amount) | |
|---|---|---|
| 12 month term | 24 month term | |
| $29.95 Carryover Plan | $35 | $70 |
| $39.95 Carryover Plan | $45 | $90 |
| $49.95 Carryover Plan | $60 | $120 |
| $69.95 Carryover Plan | $85 | $170 |
| Share Everything Plan | Early Termination Charge (Minimum Amount) | |
|---|---|---|
| 12 month term | 24 month term | |
| $89.95 Share Everything Plan | $105 | $210 |
| $99.95 Share Everything Plan | $105 | $210 |
| $119.95 Share Everything Plan | $145 | $290 |
| $149.95 Share Everything Plan | $180 | $360 |
For example, if you terminate your $99.95 Share Everything Plan in the third month of a 24 month term, your early termination charge will be $839.58 (being $99.95 x 21 x 0.4).
However, if you terminate your $99.95 Share Everything Plan with five months remaining on your 24 month term, your early termination charge will be $210, being the early termination charge minimum amount stated in the table above (due to $99.95 X 5 X 0.4 = $199.90 being lower than the minimum amount stated).
PLAN TRANSFER CHARGES
- You cannot transfer your Retired Carryover Plan or Retired Share Everything Plan on a fixed term to any other Retired Plan.
- If you wish to move to another Plan or Service offered by 2degrees on a Freedom Term or move to 2degrees Prepay, you must first terminate your Retired Carryover Plan or Retired Share Everything Plan and pay any early termination charges in accordance with these terms and conditions.
- You may be able to transfer your fixed term (12 or 24 month term) Retired Carryover Plan or Retired Share Everything Plan to a fixed term Business Select plan at the discretion of 2degrees. Where such transfer is approved we will require you to pay the following plan transfer charges:
Months into term: 0-6 months
If you are changing your Retired Carryover Plan or Retired Share Everything Plan to a Business Select Plan within 0-6 months of your fixed, your Plan transfer charge will be the amount stated in the table below:
|
|
|
New Fixed Term Plan | ||||||
|---|---|---|---|---|---|---|---|---|
|
|
|
$35.83 Business Select Plan | $45.83 Business Select Plan | $60.83 Business Select Plan | $85.83 Business Select Plan | $100.83 Business Select Plan | $125.83 Business Select Plan | |
| Current Fixed Term Retired Plan | ||||||||
| $29.95 Carryover Plan | $0 | $0 | $0 | $0 | $0 | $0 | ||
| $39.95 Carryover Plan | $0 | $0 | $0 | $0 | $0 | $0 | ||
| $49.95 Carryover Plan | $390 | $0 | $0 | $0 | $0 | $0 | ||
| $69.95 Carryover Plan | $590 | $300 | $0 | $0 | $0 | $0 | ||
| $89.95 Share Everything Plan | $850 | $530 | $360 | $0 | $0 | $0 | ||
| $99.95 Share Everything Plan | $850 | $530 | $360 | $0 | $0 | $0 | ||
| $119.95 Share Everything Plan | $1,080 | $680 | $510 | $260 | $0 | $0 | ||
| $149.95 Share Everything Plan | $1,220 | $930 | $640 | $450 | $300 | $0 | ||
For example, if you are changing your 24 month $69.95 Carryover Plan to a $35.83 Business Select Plan in the third month of your term you will pay a Plan transfer charge of $590.
Months into term: 7-12 months
If you are changing your Retired Carryover Plan or Retired Share Everything Plan to a Business Select Plan within 7-12 months of your fixed term, your Plan transfer charge will be the amount stated in the table above multiplied by 75%.
For example, if you are changing your 24 month $69.95 Carryover Plan to a $35.83 Business Select Plan in the ninth month of your term you will pay a Plan transfer charge of $442.50 (being $590 x 0.75).
Months into term: 13-18 months
If you are changing your Retired Carryover Plan or Retired Share Everything Plan to a Business Select Plan within 13-18 months of your fixed term, your Plan transfer charge will be the amount stated in the table above multiplied by 50%.
For example, if you are changing your 24 month $69.95 Carryover Plan to a $35.83 Business Select Plan in the 14th month of your term you will pay a Plan transfer charge of $295 (being $590 x 0.5).
Months into term: 19-24 months
If you are changing your Retired Carryover Plan or Retired Share Everything Plan to a Business Select Plan within 19-24 months of your fixed term, your Plan transfer charge will be the amount stated in the table above multiplied by 25%.
For example, if you are changing your 24 month $69.95 Carryover Plan to a $35.83 Business Select Plan in the 20th month of your term you will pay a Plan transfer charge of $147.50 (being $590 x 0.25).
