137Transfer of quota

137 Transfer of quota

137 Transfer of quota

(1) Quota may be transferred only between sea urchin fishing business owners.

(2) Quota may be transferred only within the fishing period to which the quota applies.

Note.

A sea urchin fishing business owner is not authorised—

(a) to transfer to the next fishing period any part of the fishing business owner’s quota for the current fishing period that is not taken during the current fishing period, or

(b) to transfer to the current fishing period part of the fishing business owner’s quota for the next fishing period.

(3) For the purposes of section 40U (3) of the Act, the fee for a manual transfer of quota is the amount specified in Schedule 6.

Note.

No fee is prescribed under section 40U (2) of the Act for an electronic transfer of quota using the online transfer system.