55AMinister may put forward redefinition proposal

#### 55A Minister may put forward redefinition proposal 55A Minister may put forward redefinition proposal > > (1) The Minister may put a redefinition proposal to shareholders in one or more share management fisheries. > > > (2) In this Division, a redefinition proposal is a proposal to do any or all of the following— > > > > > (a) to change the description of one or more share management fisheries in Schedule 1, > > > > > (b) to amalgamate 2 or more classes of shares in one or more share management fisheries, > > > > > (c) to replace one or more classes of shares in one or more share management fisheries with one or more new or existing classes of shares. > > > (3) A redefinition proposal may involve the cancellation of shares, the issue of new shares or the reissue of shares. > > **pt 3, div 4A (ss 55A–55G):** Ins 2015 No 59, Sch 1 \[25\].