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Fisheries Management (Aquaculture) Regulation 2024
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Turn the raw legal text into a practical explanation grounded in Fisheries Management (Aquaculture) Regulation 2024.
44 Approval of registered bidders for aquaculture leases offered by auction
(1) This section applies if the Minister decides to offer an aquaculture lease by auction.
(2) A person may apply to the Minister to be approved as a registered bidder for the auction.
(3) The application must be made in accordance with any requirements set out in the lease offer notice for the lease.
(4) The Minister must, before the date of the auction, decide the application by—
(a) approving the person as a registered bidder for the auction, or
(b) refusing to approve the person as a registered bidder for the auction.
(5) The Minister may refuse to approve a person under subsection (4)(b) if—
(a) the bidder does not meet the criteria for eligibility for approval as a registered bidder specified in the lease offer notice for the lease, or
(b) if the bidder is an individual—the bidder is disqualified from holding an aquaculture permit under the Act, section 161, or
(c) if the bidder is a corporation—the bidder, or a director or another person involved in the management of the bidder, is disqualified under the Act, section 161 from holding an aquaculture permit, or
(d) the bidder has outstanding rent, contributions or other amounts payable to the Minister for other aquaculture leases, or
(e) the bidder has, in the Minister’s opinion, a poor record of managing 1 or more leased areas, or
(f) in the Minister’s opinion, it would not be in the public interest to grant the lease to the bidder.