Fisheries Regulations 2019
38Making applications for compensation
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38 Making applications for compensation
An application for compensation submitted to the Secretary must—
(a) specify in respect of a claim made by—
(i) the holder of a transferable access licence, the amounts claimed for each item in the formula set out in regulation 34 except items C and E; or
(ii) the holder of a registered financial interest in a transferable access licence, the entitlement held in respect of item Y in the formula set out in regulation 34; or
(iii) the holder of a non-transferable access licence, the amount claimed for each item in the formula set out in regulation 35 except items C and E; or
(iv) the holder of a registered financial interest in a non-transferable access licence, the entitlement held in respect of item Y in the formula set out in regulation 35; and
(b) be supported by financial documentation to substantiate those items in the relevant formula that must be specified in accordance with paragraph (a).