150BTransfer of entitlement to exempt boat

#### 150B Transfer of entitlement to exempt boat 150B Transfer of entitlement to exempt boat > > (1) A person who, immediately before the commencement of this clause, held a relevant fishing boat licence may transfer the entitlement to an exempt boat to another person. > > > (2) The person to whom the entitlement to an exempt boat is transferred under subclause (1) may transfer the entitlement to another person. > > > (3) If a person transfers an entitlement under subclause (1) or (2)— > > > > > (a) the transferee is entitled to an exempt boat as if the person was the holder of the relevant fishing boat licence, and > > > > > (b) the transferor is no longer entitled to an exempt boat. > > **cl 150B:** Ins 2022 (688), Sch 3\[19\].