56Transfer of licences

56 Transfer of licences

(1) This section applies to a fishery licence that is transferable.

S. 56(2) amended by No. 68/2016 s. 68(1).

(2) The holder of the licence or a registered financial interest in the licence may, together with the proposed transferee, apply to the Victorian Fisheries Authority for the transfer of the licence to the transferee in accordance with the regulations.

S. 56(3) amended by Nos 35/2009 s. 60(2), 68/2016 s. 68(2)(a).

(3) The Victorian Fisheries Authority must grant an application for the transfer of the licence if—

S. 56(3)(a) amended by Nos 35/2009 s. 60(3)(a), 68/2016 s. 68(2)(b).

(a) the proposed transferee has satisfied the Victorian Fisheries Authority that he or she is a fit and proper person to hold the licence and satisfies any relevant eligibility criteria; and

S. 56(3)(b) amended by Nos 35/2009 s. 60(3)(b), 68/2016 s. 68(2)(b).

(b) the Victorian Fisheries Authority is satisfied that the licence is not subject to any action under sections 57 or 58; and

S. 56(3)(c) amended by Nos 35/2009 s. 60(3)(c), 68/2016 s. 68(2)(b).

(c) in the case of a licence to be transferred by the holder of the licence, the Victorian Fisheries Authority is satisfied that the holders of any registered financial interests in the licence consent to the transfer of the licence; and

S. 56(3)(d) amended by Nos 35/2009 s. 60(3)(d), 68/2016 s. 68(2)(c).

(d) in the case of a licence to be transferred by the holder of a registered financial interest, the Victorian Fisheries Authority is satisfied that—

S. 56(3)(d)(i) amended by No. 68/2016 s. 68(2)(c).

(i) the holder of the licence was, within 7 days of the Victorian Fisheries Authority receiving the application, given notice by the Victorian Fisheries Authority of the application to transfer the licence; and

(ii) any other holders of a registered financial interest in the licence consent to the transfer.

S. 56(4) amended by No. 68/2016 s. 68(3).

(4) The Victorian Fisheries Authority must not grant an application for the transfer of the licence if the transfer would be inconsistent with the regulations, a Ministerial direction or a management plan.

S. 56(5) amended by No. 68/2016 s. 68(4).

(5) In considering whether to transfer the licence, the Victorian Fisheries Authority must also have regard to any relevant recommendations of the Commercial Fisheries Licensing Panel.

S. 56(6) amended by No. 68/2016 s. 68(5).

(6) The Victorian Fisheries Authority may grant the application for the transfer subject to any conditions the Victorian Fisheries Authority thinks appropriate and that are not inconsistent with the regulations, Ministerial direction or a management plan.