57ATransitional provision concerning certain licences not held by one person

57A Transitional provision concerning certain licences not held by one person (a) on the date of commencement of section 30 of the **Fisheries (Further Amendment) Act 2003** an access licence or an aquaculture licence is not held by an individual, a single corporation or a co-operative; and (b) by the date the licence is due to expire, an individual, a single corporation or a co‑operative that holds the licence or that is a successor of a person who holds the licence, has not applied to the Secretary for the renewal of the licence in accordance with the regulations— the licence is, by force of this section, suspended on the date the licence is due to expire. (2) Despite anything in this Act to the contrary, a suspension under subsection (1) continues until either— (a) an individual, a single corporation or a co‑operative that held the licence or that is a successor of a person who held the licence, immediately before it was suspended, applies to the Secretary for the renewal of the licence in accordance with the regulations and the Secretary renews the licence; or (b) the expiry of 12 months from the date the suspension began— (3) If the suspension of a licence ends under subsection (2)(b), the licence is cancelled. S. 57B inserted by No. 108/2003 s. 30.