VICIn ForceAct
Fisheries Act 1995
65BMinister may determine that quota units be publicly sold
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65B Minister may determine that quota units be publicly sold
(1) This section applies if it is proposed—
(a) to create and allocate new quota units in addition to the quota units that were created and allocated under an initial quota order; or
(b) to allocate quota units that arise in excess of any threshold quota limit specified in a management plan; or
(c) to allocate any quota units that have been forfeited, or that have otherwise become available.
(2) The Minister may determine that the quota units are to be publicly sold.
(5) Nothing in this section is intended to enable the sale of a quota unit to a person who is not the holder of a licence in the relevant fishery.
S. 66 substituted by No. 5/1997