107Who may hold commercial fishing licence

#### 107 Who may hold commercial fishing licence 107 Who may hold commercial fishing licence > For the purposes of section 103 (2) (c) of the Act, the following individuals are authorised to hold a commercial fishing licence— > > > (a) an individual who is the owner of a fishing business the components of which include an endorsement that authorises the taking of fish for sale in a restricted fishery or who is duly nominated to take fish on behalf of the owner of such a fishing business, > > > (b) an individual who the owner of a fishing business proposes to nominate (under section 69 of the Act in respect of a share management fishery or under Division 4 of Part 9 of this Regulation in respect of a restricted fishery) to take fish on behalf of the owner and who does not already hold a commercial fishing licence, > > > (c) an individual who applies for a permit, or who is authorised under an order, under section 37 of the Act in relation to a commercial fishing activity and who does not already hold a commercial fishing licence. > > > (d) (Repealed) > > Note. > > Section 103 (2) (a) of the Act provides that a shareholder in a share management fishery, or an individual who is duly nominated by a shareholder, is authorised to hold a commercial fishing licence. > > **cl 107:** Am 2022 (688), Sch 3\[2\] \[3\].