Fisheries (General) Regulation 2019
sch.2B-sec.11Deciding number of units to be issued
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sch.2B-sec.11 Deciding number of units to be issued
The number of ENL-ITQ units to be issued to an eligible person is the number worked out using the following formula— where— ENL-ITQ means the number of ENL-ITQ units to be issued to the eligible person. EC means the eligible person’s eligible reported catch for the ENL-ITQ units worked out under section 6 and, if applicable, as amended under section 8 or substituted under section 9 . N means the following number— for BM1-ITQ units—5,580; for BM2-ITQ units—35,038; for BM3-ITQ units—127,962; for BM4-ITQ units—54,275; for BM5-ITQ units—20,744; for GM1-ITQ units—1,091; for GM2-ITQ units—26,805; for GM3-ITQ units—67,133; for GM4-ITQ units—13,625; for GM5-ITQ units—20,347; for KT1-ITQ units—2,167; for KT2-ITQ units—13,619; for KT3-ITQ units—11,231; for KT4-ITQ units—23,600; for KT5-ITQ units—21,383; for SM5-ITQ units—69,100; for WT5-ITQ units—162,000. TC means the total reported catch for the ENL-ITQ units worked out under section 10 . If, after applying the formula, the number is not a whole number of ENL-ITQ units, the number of ENL-ITQ units to be issued is taken to be the nearest whole number, rounded up. (sch.2B-sec.11-ssec.1) The number of ENL-ITQ units to be issued to an eligible person is the number worked out using the following formula— where— ENL-ITQ means the number of ENL-ITQ units to be issued to the eligible person. EC means the eligible person’s eligible reported catch for the ENL-ITQ units worked out under section 6 and, if applicable, as amended under section 8 or substituted under section 9 . N means the following number— for BM1-ITQ units—5,580; for BM2-ITQ units—35,038; for BM3-ITQ units—127,962; for BM4-ITQ units—54,275; for BM5-ITQ units—20,744; for GM1-ITQ units—1,091; for GM2-ITQ units—26,805; for GM3-ITQ units—67,133; for GM4-ITQ units—13,625; for GM5-ITQ units—20,347; for KT1-ITQ units—2,167; for KT2-ITQ units—13,619; for KT3-ITQ units—11,231; for KT4-ITQ units—23,600; for KT5-ITQ units—21,383; for SM5-ITQ units—69,100; for WT5-ITQ units—162,000. TC means the total reported catch for the ENL-ITQ units worked out under section 10 . (sch.2B-sec.11-ssec.2) If, after applying the formula, the number is not a whole number of ENL-ITQ units, the number of ENL-ITQ units to be issued is taken to be the nearest whole number, rounded up.
- (a) for BM1-ITQ units—5,580;
- (b) for BM2-ITQ units—35,038;
- (c) for BM3-ITQ units—127,962;
- (d) for BM4-ITQ units—54,275;
- (e) for BM5-ITQ units—20,744;
- (f) for GM1-ITQ units—1,091;
- (g) for GM2-ITQ units—26,805;
- (h) for GM3-ITQ units—67,133;
- (i) for GM4-ITQ units—13,625;
- (j) for GM5-ITQ units—20,347;
- (k) for KT1-ITQ units—2,167;
- (l) for KT2-ITQ units—13,619;