153FElection to retain licence

153F Election to retain licence (1) Before 1 April 2016— (a) a holder of a Western Port/Port Phillip Bay Fishery Access Licence may elect to retain their licence on and after 1 April 2022; and (b) the Secretary must determine which of those elections are successful. (2) The procedure by which a holder of a Western Port/Port Phillip Bay Fishery Access Licence may elect to retain their licence and by which the Secretary determines which elections are successful is set out in Part 1 of Schedule 4. (3) The holder of a Western Port/Port Phillip Bay Fishery Access Licence who is notified by the Secretary in accordance with Part 1 of Schedule 4 that their election is successful is entitled to retain that licence on and after 1 April 2022. S. 153G inserted by No. 64/2015 s. 5.