Fisheries (Commercial Fisheries) Regulation 2019
sec.105When T4-ITQ unit entitlement is used for a T4-ITQ year
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sec.105 When T4-ITQ unit entitlement is used for a T4-ITQ year
The entitlement under a T4-ITQ unit is used for a T4-ITQ year— when the holder of, or a person acting under, the unit has taken in the year under any T4 licence held by the holder an amount of (whole weight) prescribed whiting equalling the holder’s entitlement under the unit; or if section 106 applies. The unused entitlement under a T4-ITQ unit for a T4-ITQ year is the amount of (whole weight) prescribed whiting for the T4-ITQ unit that has not been taken for the T4-ITQ year under any T4 licence held by the holder of the T4-ITQ unit. s 105 amd 2020 SL No. 236 s 198 sch 3 (sec.105-ssec.1) The entitlement under a T4-ITQ unit is used for a T4-ITQ year— when the holder of, or a person acting under, the unit has taken in the year under any T4 licence held by the holder an amount of (whole weight) prescribed whiting equalling the holder’s entitlement under the unit; or if section 106 applies. (sec.105-ssec.2) The unused entitlement under a T4-ITQ unit for a T4-ITQ year is the amount of (whole weight) prescribed whiting for the T4-ITQ unit that has not been taken for the T4-ITQ year under any T4 licence held by the holder of the T4-ITQ unit.
- (a) when the holder of, or a person acting under, the unit has taken in the year under any T4 licence held by the holder an amount of (whole weight) prescribed whiting equalling the holder’s entitlement under the unit; or
- (b) if section 106 applies.