Statutory Fishing Rights Charge Act 1991
meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 title: Statutory Fishing Rights Charge Act 1991
?xml version="1.0" encoding="utf-8" standalone="no"?>
View image in the official source
Statutory Fishing Rights Charge Act 1991
No. 157 of 1991
An Act to impose a charge on the grant of statutory fishing rights
Contents
View image in the official source
Statutory Fishing Rights Charge Act 1991
No. 157 of 1991
An Act to impose a charge on the grant of statutory fishing rights
[Assented to 21 October 1991]
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Statutory Fishing Rights Charge Act 1991.
2 Commencement
(1) Sections 1 and 2 commence on the day on which this Act receives the Royal Assent.
(2) Subject to subsection (3), the remaining provisions of this Act commence on a day to be fixed by Proclamation.
(3) If a provision mentioned in subsection (2) does not commence under that subsection within the period of 6 months commencing on the day on which this Act receives the Royal Assent, it commences on the first day after the end of that period.
3 Interpretation
In this Act, unless the contrary intention appears:
statutory fishing right means a statutory fishing right granted under Part 3 of the Fisheries Management Act 1991.
4 Application of Act
This Act extends to every external Territory and applies both within and outside Australia.
5 Imposition of charge
Subject to section 6, charge is imposed on the grant of a statutory fishing right.
6 Exemption from charge
Charge is not payable on a grant of a statutory fishing right declared by the regulations to be exempt from charge.
7 Amount of charge
The amount of the charge payable in respect of the grant of a statutory fishing right is such amount as is equal to:
(a) if the right is auctioned—the amount of the highest bid made at the auction by the grantee of the right; or
(b) if tenders were called in respect of the grant of the right—the amount of the bid submitted by the grantee of the right; or
(c) if the grant of the right is made otherwise than by auction or by calling tenders—such amount as is calculated in accordance with the regulations.
8 By whom is charge payable?
Charge is payable by the person to whom the right is granted.
9 Regulations
The Governor‑General may make regulations, not inconsistent with this Act, prescribing all matters:
(a) required or permitted by this Act to be prescribed; or
(b) necessary or convenient to be prescribed in carrying out or giving effect to this Act.