71Transfer and other dealings in shares

#### 71 Transfer and other dealings in shares 71 Transfer and other dealings in shares > > (1) A share in a share management fishery may be transferred, assigned, transmitted or mortgaged and any other interest of a kind prescribed by the regulations may be created in the share. > > > (2) Without limiting subsection (1), shares may be transferred for the purpose of enabling 2 or more shareholders to hold their shares jointly. > > > (3) A transaction that transfers, assigns, transmits, mortgages or otherwise creates an interest in a share in a share management fishery is required to be registered in the Share Register under Division 10. > > > (4) This section is subject to any restriction imposed by the management plan for the fishery. > > > (5) Before the commencement of the management plan for the fishery, this section applies only to the extent authorised by the regulations.