sec.106EEntitlement under ENL-ITQ unit

sec.106E Entitlement under ENL-ITQ unit

The holder of, or a person acting under, an ENL-ITQ unit may take in a prescribed ENL management region in an ENL-ITQ year the weight of prescribed ENL-ITQ fish worked out by dividing the total quota entitlement for the fish for the region for the year by the total number of ENL-ITQ units of the same type that have been issued. The authorisation for an ENL-ITQ year under subsection (1) — is the holder’s entitlement under the ENL-ITQ unit for the ENL-ITQ year; and imposes a quota on the entitlement for the year. However, the entitlement applies only while the holder holds an ENL-ITQ licence that is in effect. In this section— total quota entitlement , for prescribed ENL-ITQ fish for a prescribed ENL management region, for an ENL-ITQ year, means the total quota entitlement stated for the fish for the region in the quota declaration for commercial net fisheries for the ENL-ITQ year. s 106E ins 2020 SL No. 236 s 149 (sec.106E-ssec.1) The holder of, or a person acting under, an ENL-ITQ unit may take in a prescribed ENL management region in an ENL-ITQ year the weight of prescribed ENL-ITQ fish worked out by dividing the total quota entitlement for the fish for the region for the year by the total number of ENL-ITQ units of the same type that have been issued. (sec.106E-ssec.2) The authorisation for an ENL-ITQ year under subsection (1) — is the holder’s entitlement under the ENL-ITQ unit for the ENL-ITQ year; and imposes a quota on the entitlement for the year. (sec.106E-ssec.3) However, the entitlement applies only while the holder holds an ENL-ITQ licence that is in effect. (sec.106E-ssec.4) In this section— total quota entitlement , for prescribed ENL-ITQ fish for a prescribed ENL management region, for an ENL-ITQ year, means the total quota entitlement stated for the fish for the region in the quota declaration for commercial net fisheries for the ENL-ITQ year.

• (a) is the holder’s entitlement under the ENL-ITQ unit for the ENL-ITQ year; and
• (b) imposes a quota on the entitlement for the year.