153GElection to surrender licence

153G Election to surrender licence (1) Before 1 April 2016— (a) any licence holder may elect to surrender their licence; and (b) an election to surrender by a licence holder who is the holder of a Western Port/Port Phillip Bay Fishery Access Licence may be made concurrently with an election to retain their licence referred to in section 153F(1). (2) In each of the following election years until 1 April 2021, a licence holder, other than a licence holder who is entitled under section 153F(3) to retain their licence on and after 1 April 2022, may elect to surrender their licence. (3) The procedure by which a licence holder may elect to surrender their licence is set out in Part 2 of Schedule 4. S. 153H inserted by No. 64/2015 s. 5.