16Permit holders to pay contributions towards costs of research—the Act, s 156(1)(c) and (d)

16 Permit holders to pay contributions towards costs of research—the Act, s 156(1)(c) and (d)

16 Permit holders to pay contributions towards costs of research—the Act, s 156(1)(c) and (d)

(1) A permit holder must, for each annual contribution period during which the permit holder holds an aquaculture permit, pay the Minister an annual contribution towards the following costs—

(a) for the Act, section 156(1)(c)—the cost of carrying out research into aquaculture that will benefit the NSW aquaculture industry, including research by the Fisheries Research and Development Corporation established under the Primary Industries Research and Development Act 1989 of the Commonwealth,

(b) for the Act, section 156(1)(d)—the costs incurred to maintain committees appointed by the Minister under the Act, section 157(4) in relation to the aquaculture research trust account.

(2) The amount of the annual contribution for the contribution period is the amount specified in Schedule 3, Part 2, item 6.

(3) If a person holds 2 or more aquaculture permits, the annual contribution for the person is the highest annual contribution that applies to any 1 of the person’s permits.

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

(a) in a single payment of the total amount of the contribution, by a date determined by the Minister and notified to the permit holder in writing, or

(b) by quarterly instalments.

(5) 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.