236Allocation of fishery units to eligible licences

236 Allocation of fishery units to eligible licences (1) Subregulation (2) applies immediately after the grant of an ONLF licence to a person who applied for the licence under regulation 235(1). (2) The Joint Authority must allocate to the licence the following number of fishery units for each Off-shore Net and Line Fishery Fisheries Regulations 1992 180 fishing unit for taking fish using demersal long-lines and pelagic long-lines issued to the person in accordance with regulation 96CA of the former regulations: (a) 983 fishery units for combined Blacktip Shark; (b) 314 fishery units for Spot-tail Shark; (c) 937 fishery units for combined Shark group; (d) 69 fishery units for combined other Shark group species; (e) 1 fishery unit for combined fin fish group (by-product) species. (3) Subregulation (4) applies immediately after the grant of an ONLF licence to a person who applied for the licence under regulation 235(2). (4) The Joint Authority must allocate to the licence the following number of fishery units for each Off-shore Net and Line Fishery fishing unit for taking fish using pelagic nets issued to the person in accordance with regulation 96CA of the former regulations: (a) 167.29 fishery units for Grey Mackerel species; (b) 128 fishery units for combined Blacktip Shark; (c) 30 fishery units for Spot-tail Shark; (d) 17 fishery units for combined Shark group; (e) 69 fishery units for combined other Shark group species; (f) 37 fishery units for combined fin fish group (by-product) (5) Additional fishery units for Grey Mackerel species are allocated to an eligible ONLF licence in accordance with the following formula: A = 267 500 x (ABC ÷ AC) A is the number of additional fishery units for Grey Mackerel species to be allocated to the eligible ONLF licence. ABC is the average best catch for the eligible ONLF licence. AC is the aggregated average best catch for Grey Mackerel Fisheries Regulations 1992 181 (6) If, under subregulation (2) or (4), the Joint Authority is required to allocate quota units to an ONLF licence in relation to which any fees are due then, despite the subregulation: made on the date required under subregulation (2) or (4). aggregated average best catch means the total of the average best catch for all eligible ONLF licences. average best catch, for an ONLF licence, means the average of the 3 largest annual amounts of Grey Mackerel species recorded by the Joint Authority as sold from the Off-shore Net and Line Fishery under the relevant licence in the period from 1 July 2007 to eligible ONLF licence means an ONLF licence for which the average best catch is at least 1 kg. relevant licence, in relation to an ONLF licence, means the restricted licence or unrestricted licence in place of which the ONLF licence was granted under regulation 235.