66Functions, powers and objects of Joint Authority

66 Functions, powers and objects of Joint Authority (1) Where, in respect of a fishery, there is in force an arrangement under which a Joint Authority has the management of the fishery and that fishery is to be managed in accordance with the law of the Territory, the Joint Authority has the function of keeping constantly under consideration the condition of the fishery, formulating policies and plans for the good management of the fishery and, for the purposes of the management of the fishery, exercising the powers conferred on it by this Act and co-operating and consulting with the other authorities, including other Joint Authorities within the meaning of the Commonwealth Act, in matters of common concern. (2) A Joint Authority must, in the performance of its functions under this section, act consistently with, and seek to further, the objects of this Act.