8Amount of levy

8 Amount of levy

(1) This section applies for the purposes of subsection 6(1) of the Levy Act. Licences—grant (2) The amount of levy imposed on the grant of a licence prescribed by section 7 to a person is $2,047.31 plus $18.96 for each unit of fishing capacity prescribed by section 6 allocated to the person in respect of the licence. Licences—renewal (3) The amount of levy imposed on the renewal of a licence prescribed by section 7 to a person is $2,047.31 plus $18.96 for each unit of fishing capacity prescribed by section 6 to be held by the person in respect of the renewed licence. Units of fishing capacity—allocation (4) The amount of levy imposed on the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $18.96 for each unit of fishing capacity allocated. Units of fishing capacity—renewal of allocation (5) The amount of levy imposed on the renewal of the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $18.96 for each unit of fishing capacity the allocation of which is renewed.

Note: See section 7 of the Levy Act for the person who is liable to pay the levy.