Fisheries Management (Supporting Plan) Regulation 2006
4DShareholder to notify nominated fishers of quota
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4D Shareholder to notify nominated fishers of quota
4D Shareholder to notify nominated fishers of quota
(1) A shareholder who is notified of an allocation of quota by the Secretary under section 40R of the Act must, as soon as reasonably practicable, ensure each nominated fisher of the shareholder is notified of the particulars of the quota.
(2) A shareholder who transfers or acquires quota under clause 4C must, as soon as reasonably practicable, ensure each nominated fisher of the shareholder is notified of the particulars of the quota transfer.
(3) For the purposes of section 65 of the Act, contravention of this clause is an offence.