Fisheries (Commercial Fisheries) Regulation 2019
sec.104Entitlement under T4-ITQ unit
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sec.104 Entitlement under T4-ITQ unit
The holder of, or a person acting under, a T4-ITQ unit may take in a T4-ITQ year the weight of prescribed whiting worked out by dividing the total quota entitlement for the year by the total number of T4-ITQ units that have been issued. The authorisation for a T4-ITQ year under subsection (1) — is the holder’s entitlement under the T4-ITQ unit for the T4-ITQ year; and imposes a quota on the entitlement for the T4-ITQ year. However, the entitlement applies only while the holder holds a T4 licence. See section 106 in relation to carrying forward unused entitlements under T4-ITQ units for a T4-ITQ year to the following T4-ITQ year. In this section— total quota entitlement , for prescribed whiting, for a T4-ITQ year, means the total quota entitlement stated for prescribed whiting in the quota declaration for the commercial trawl fishery (fin fish) for the T4-ITQ year. s 104 amd 2020 SL No. 236 s 146 (sec.104-ssec.1) The holder of, or a person acting under, a T4-ITQ unit may take in a T4-ITQ year the weight of prescribed whiting worked out by dividing the total quota entitlement for the year by the total number of T4-ITQ units that have been issued. (sec.104-ssec.2) The authorisation for a T4-ITQ year under subsection (1) — is the holder’s entitlement under the T4-ITQ unit for the T4-ITQ year; and imposes a quota on the entitlement for the T4-ITQ year. (sec.104-ssec.3) However, the entitlement applies only while the holder holds a T4 licence. See section 106 in relation to carrying forward unused entitlements under T4-ITQ units for a T4-ITQ year to the following T4-ITQ year. (sec.104-ssec.4) In this section— total quota entitlement , for prescribed whiting, for a T4-ITQ year, means the total quota entitlement stated for prescribed whiting in the quota declaration for the commercial trawl fishery (fin fish) for the T4-ITQ year.
- (a) is the holder’s entitlement under the T4-ITQ unit for the T4-ITQ year; and
- (b) imposes a quota on the entitlement for the T4-ITQ year.