10Wholly private fishery

10 Wholly private fishery

(1)  A wholly private fishery registered under the former regulations immediately before the commencement day is, on that day, a registered private fishery under the new Act .

(2)  The registration of a private fishery –

(a) is subject to the same requirements and restrictions as it was under the former regulations ; and

(b) is taken to have commenced on the date of issue of the certificate of registration under the former regulations ; and

(c) continues in force for the remainder of its term unless the Commission sooner cancels it.