Well, they actually haven't written them up as exhaustive T&Cs so the terms aren't clear, but with AC's announcements it's more important to understand what they _intend_, than what they _say_. Perhaps someone here knows somebody at AC who can provide the actual interpretation, but I'm pretty confident that all my SQxs will roll over into next year and I'm not going to hit 25k paid flying miles.

Time will tell.