21Royalty return

21 Royalty return

(1)  The holder of a fishing licence (King Island kelp) must, within 2 weeks after the end of each royalty period, submit to the Secretary a return for that royalty period.

Penalty:  Grade 2 penalty.

(2)  A return under subregulation (1) is to –

(a) be in an approved form; and

(b) contain any details, calculations or information that the Secretary determines appropriate.

(3)  The Secretary is to –

(a) in accordance with regulation 20 , calculate the royalty payable by the holder of a fishing licence (King Island kelp) under this Part in respect of a royalty period; and

(b) issue the holder with an invoice for the royalty payable in respect of that royalty period.