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Fisheries Management (Estuary General Share Management Plan) Regulation 2006
6BAllocation of quota shares—first issue
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#### 6B Allocation of quota shares—first issue
6B Allocation of quota shares—first issue
> > (1) A person is eligible to be issued with the quota shares specified in Column 1 of the Table to subclause (2) if the person is an eligible shareholder in relation to those shares.
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> > (2) A person is an eligible shareholder in relation to a class of quota shares specified in Column 1 of the Table to this subclause if, on the relevant date, the person holds shares of a class specified opposite in Column 2.
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> > Table Eligibility for quota shares
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> > | Column 1 | Column 2 |
> > | Quota shares | Existing shares |
> > | Estuary general—mud crab quota shares | Estuary general—meshing shares—Regions 1–7 |
> > | | Estuary general—mud crab trapping shares—Regions 1–7 |
> > | Estuary general—blue swimmer crab quota shares | Estuary general—meshing shares—Regions 1–7 |
> > | | Estuary general—trapping shares—Regions 1–7 |
> > | | Estuary general—category one hauling shares—Regions 1–7 |
> > | Estuary general—eel quota shares | Estuary general—eel trapping shares—Regions 1–7 |
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> > (3) The Minister is to determine the number of quota shares to be issued to each eligible shareholder under this clause.
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> > (4) The determination is to be made on the basis of an allocation formula set out in a notice published by the Secretary in the Gazette.
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> > (5) The allocation formula is also to be made available on the Department’s website.
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> > (6) The relevant date is the date specified as the relevant date in the notice published by the Secretary under subclause (4).