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Fisheries Management Act 1994
95Cancellation or forfeiture of shares to be noted in Share Register
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#### 95 Cancellation or forfeiture of shares to be noted in Share Register
95 Cancellation or forfeiture of shares to be noted in Share Register
> > (1) If a share in a share management fishery is cancelled or forfeited, the Secretary must make an entry in the Share Register to that effect.
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> > (2) If, because of a decision made by the Minister or a court, an entry made by the Secretary under subsection (1) is no longer correct, the Secretary must rectify the Share Register.
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> > (3) If—
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> > > (a) the Secretary makes an entry in the Share Register under subsection (1), or rectifies the Share Register under subsection (2), concerning a share, and
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> > > (b) a person other than the holder of the share has an interest in the share, and
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> > > (c) the interest is one in relation to which a transaction has been registered under section 91 (Registration of dealings in shares),
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> > the Secretary must give the person written notice of the entry or rectification.
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> **s 95:** Am 2009 No 114, Sch 1 \[55\]; 2022 No 59, Sch 1.14\[5\].