107DAdditional allocation of quota units for undercatch

107D Additional allocation of quota units for undercatch (a) one or more eligible quota units attached to a DF licence (b) the licence is renewed the following licence year (the second year). (2) The Joint Authority must allocate to the DF licence the number of quota units for each species group that is equal to the lesser of: A = (AQ + BQ - TQ) x 0.2 (a) immediately after an allocation to the DF licence is made under regulation 107C; or

Fisheries Regulations 1992 97 (5) However, if under subregulation (4)(b) the Joint Authority is required to allocate quota units to a DF licence in relation to which any fees are due then, despite subregulation (4)(b), the Joint Authority must not allocate the quota units to the licence until the fees are paid. (6) In this regulation: (a) quota units allocated to the DF licence under regulation 107C or 227; or (b) quota units allocated to another DF licence under regulation 107C or 227 and subsequently transferred to the holder of the DF licence.