14Permit holders to pay contributions towards costs of administration—the Act, s 156(1)(a)

14 Permit holders to pay contributions towards costs of administration—the Act, s 156(1)(a)

14 Permit holders to pay contributions towards costs of administration—the Act, s 156(1)(a)

(1) A permit holder of an aquaculture permit must, for each annual contribution period during which the permit holder holds an aquaculture permit, pay the Minister an annual contribution towards the costs of administration of the Act, Part 6 that are directly attributable to industry.

(2) The amount of the annual contribution for the contribution period is the amount specified in Schedule 3, Part 2, item 5, regardless of the number of aquaculture permits held by the permit holder during the contribution period.

(3) The permit holder may pay the annual contribution—

(a) in a single payment of the total amount of the contribution, or

(b) by quarterly instalments.

(4) The Minister must give each permit holder a written notice (an annual contributions notice) for each annual contribution period that the permit holder is required to pay an annual contribution under subsection (1) that includes—

(a) if the permit holder elects to pay in a single payment—

(i) the amount to be paid, and

(ii) the date, being at least 30 days after the date of giving the notice, by which the amount is payable, or

(b) if the permit holder elects to pay by quarterly instalments—

(i) the amount of, or the way of calculating the amount of, each instalment, and

(ii) the dates, the first of which must be at least 30 days after the date of giving the notice, by which the instalments are payable.

(5) If the permit holder fails to pay an amount or instalment in accordance with an annual contributions notice, the Minister may treat the total unpaid balance of the annual contribution as an overdue amount of annual contribution due and payable by the permit holder.

(6) In this section—

annual contribution period means the period of 12 months beginning on 1 July in each year.