150CNew and replacement exempt boats

#### 150C New and replacement exempt boats 150C New and replacement exempt boats > > (1) An exempt boat may not be replaced after 3 years from the commencement of this clause. > > > (2) A person who has an entitlement to an exempt boat may not acquire an exempt boat after 3 years from the commencement of this clause. > > > (3) The Secretary may extend the 3-year period specified in subclause (1) or (2) if the Secretary is satisfied exceptional circumstances exist. > > > (4) A replacement boat is exempt from the maximum boat length if— > > > > > (a) the boat is not longer than the maximum length specified, immediately before the commencement of this clause, on the relevant fishing boat licence for the replaced boat, and > > > > > (b) the following are provided to the Secretary— > > > > > > > (i) the name of the boat, > > > > > > > (ii) the unique vessel identifier for the boat, > > > > > > > (iii) the most recent certificate of survey for the boat, > > > > > > > (iv) if the replacement boat is exempt because of the transfer of an entitlement under clause 150B—evidence that is, in the opinion of the Secretary, reasonably sufficient to demonstrate that the entitlement was transferred in accordance with that clause. > > **cl 150C:** Ins 2022 (688), Sch 3\[19\].