NTIn ForceRegulation
FISHERIES REGULATIONS 1992
140Period of licence &c.
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140 Period of licence &c.
A Development Fishery licence:
(a) must not be granted for a period of more than one year; and
(b) must not be renewed more than 4 times; and
(c) gives the holder of the licence no interest in, right to, or
legitimate expectation of an interest in or a right to, the grant
of another commercial fishing licence.