5BAAllocation of quota shares—second issue

5BA Allocation of quota shares—second issue

5BA Allocation of quota shares—second issue

(1) A person is eligible to be issued with the quota shares specified in Column 1 of the Table to this clause if the person is an eligible shareholder in relation to those shares.

(2) A person is an eligible shareholder in relation to a class of quota shares specified in Column 1 if, at 12 noon on 28 September 2018, the person holds shares of a class specified opposite in Column 2.

(3) The Minister is to determine the number of quota shares to be issued to each eligible shareholder under this clause.

(4) The determination is to be made on the basis of the allocation formula set out in Schedule 4.

Table Eligibility for quota shares

| Column 1 | Column 2 | | Quota shares | Existing shares | | Ocean trap and line—bass grouper quota shares | Ocean trap and line—line fishing eastern zone shares | | Ocean trap and line—blue-eye trevalla quota shares | Ocean trap and line—line fishing eastern zone shares | | Ocean trap and line—gemfish quota shares | Ocean trap and line—line fishing eastern zone shares | | Ocean trap and line—hapuku quota shares | Ocean trap and line—line fishing eastern zone shares | | Ocean trap and line—pink ling quota shares | Ocean trap and line—line fishing eastern zone shares | | Ocean trap and line—bigeye ocean perch quota shares | Ocean trap and line—line fishing eastern zone shares |