9Beach price for abalone deed of agreement

9 Beach price for abalone deed of agreement

(1)  In this regulation –

abalone purchaser means a person who has purchased more than 80 tonnes of abalone in the preceding 12 months.

(2)  For the purpose of fees payable under an abalone deed of agreement, the beach price is the average price per kilogram of abalone paid by abalone purchasers to the holders of fishing licences (abalone quota), holders of fishing licences (abalone) or holders of fishing licences (abalone dive).

(3)  The price per kilogram of abalone paid must be the true value taking into account –

(a) each payment and other forms of payments; and

(b) any rights, privileges or benefits paid directly or indirectly for the abalone.