36Making an offer for compensation—holder of registered financial interest

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36 Making an offer for compensation—holder of registered financial interest

For the purposes of regulation 33(b), the compensation payable to the holder of a registered financial interest in an access licence must be—

(a) determined in accordance with the financial interest expressed as a dollar amount and declared by the holder of the financial interest and agreed to by the holder of the access licence on the application for compensation form; and

(b) assessed as a component of item Y in the formula set out in regulation 34 or 35 (as the case requires).

Section 36 - Fisheries Regulations 2019 - Making an offer for compensation—holder of registered financial interest | Zoe