NTIn ForceRegulation
FISHERIES REGULATIONS 1992
120Grant of licence
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120 Grant of licence
(1) The Director may not grant a Pearl Oyster Fishery licence to a
person unless:
(a) the person holds a Pearl Oyster Culture Industry licence; and
(b) the Director has approved the permanent transfer to the
person of 20 pearl culture units in accordance with
(2) For subregulation (1), the 20 pearl culture units may be comprised
of:
(a) pearl oyster fishing units permanently transferred under
Subdivision 5; or
(b) a combination of pearl oyster fishing units permanently
transferred under Subdivision 5 and pearl oyster hatchery
units permanently transferred under Part 4 of the Pearl Oyster
Culture Industry Management Plan 1998, providing that at
least 5 of the pearl culture units are pearl oyster fishing units.
Fisheries Regulations 1992 114