9Marine farming licence

9 Marine farming licence

(1)  A marine farm licence in force under the former Act immediately before the Living Marine commencement day is, on that day, a marine farming licence under the Living Marine Resources Management Act 1995 and –

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

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

(2)  The Minister may –

(a) revoke or vary any condition or restriction imposed under the former Act in respect of a marine farm licence; and

(b) impose any other condition or restriction the Minister considers appropriate.