46Transfer of fishing permits

46 Transfer of fishing permits

(1) The holder of a Coral Sea zone permit or a boat permit may apply to AFMA, in an approved form, for approval to transfer the permit to someone else.

(2) For subsection (1), an application must be accompanied by:

(a) the permit; or

(b) a statement, signed by the holder, that the permit is not available, including the reason why the permit is not available.

(3) AFMA must not approve the transfer of a permit:

(a) if a proceeding for an offence under the Act or Regulations has begun against the transferor and has not been decided; or

(b) if levy is payable in respect of the permit — within the period beginning 14 days before the issue of a levy invoice for the permit and ending when the levy is paid

(4) If AFMA approves a transfer, AFMA must send, to the transferee, a permit showing the transferee as its holder.