Fisheries (Commercial Fisheries) Regulation 2019
sec.113Change of unit PIN
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sec.113 Change of unit PIN
The holder of line units, SM units or T4-ITQ units may, by written notice, ask the chief executive to change the unit PIN for the line units, SM units or T4-ITQ units. On receiving the notice, the chief executive must— change the unit PIN for the units to another 4-digit identity number (the new unit PIN ) decided by the chief executive; and give the holder a written notice stating the new unit PIN. The change of unit PIN takes effect when the notice mentioned in subsection (2) is given to the holder. (sec.113-ssec.1) The holder of line units, SM units or T4-ITQ units may, by written notice, ask the chief executive to change the unit PIN for the line units, SM units or T4-ITQ units. (sec.113-ssec.2) On receiving the notice, the chief executive must— change the unit PIN for the units to another 4-digit identity number (the new unit PIN ) decided by the chief executive; and give the holder a written notice stating the new unit PIN. (sec.113-ssec.3) The change of unit PIN takes effect when the notice mentioned in subsection (2) is given to the holder.
- (a) change the unit PIN for the units to another 4-digit identity number (the new unit PIN ) decided by the chief executive; and
- (b) give the holder a written notice stating the new unit PIN.