NTIn ForceRegulation
FISHERIES REGULATIONS 1992
122EAllocation of pearl oyster fishing units
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122E Allocation of pearl oyster fishing units
Subject to this Division, the Director must, on the renewal of a Pearl
Oyster Fishery licence, allocate a number of pearl oyster fishing
units to the licensee for the licensing year for which the licence is
renewed, being comprised of:
(a) the licensee's allocation of pearl oyster fishing units for the
previous licensing year; and
(b) the number of pearl oyster fishing units, if any, permanently
transferred to him or her under these Regulations in the
previous licensing year;
less the number of pearl oyster fishing units permanently
transferred by him or her to another person under these
Regulations during the previous licensing year.