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Fisheries Management (General) Regulation 2019
181Other transfers
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181 Other transfers
181 Other transfers
(1) This clause applies in respect of the transfer of shares in a relevant share management fishery only.
(2) A share that is a component of a fishing business may be transferred by the owner of the fishing business to any person (whether or not the owner of a fishing business) if—
(a) all components of the fishing business are transferred to that person, or
(b) the transfer is part of an arrangement for the shares concerned to be surrendered to the Minister for cancellation.