5BAllocation of quota shares

5B Allocation of quota shares

5B Allocation of quota shares

(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 trawl—tiger flathead quota shares | Ocean trawl—inshore prawn sharesOcean trawl—offshore prawn sharesOcean trawl—fish northern zone shares | | Ocean trawl—bluespotted flathead quota shares | Ocean trawl—inshore prawn sharesOcean trawl—offshore prawn sharesOcean trawl—fish northern zone shares | | Ocean trawl—trawl whiting quota shares | Ocean trawl—inshore prawn sharesOcean trawl—offshore prawn sharesOcean trawl—fish northern zone shares | | Ocean trawl—silver trevally quota shares | Ocean trawl—fish northern zone shares | | Ocean trawl—gemfish quota shares | Ocean trawl—fish northern zone shares | | Ocean trawl—prawn effort quota shares | Ocean trawl—inshore prawn sharesOcean trawl—offshore prawn shares |