Barrister AI
All legislation
COMMONWEALTHAct
In force
This is the latest official compilation.Check the official source →
s 5

Payments under fisheries agreements entered into with the government of another country

In force

5 Payments under fisheries agreements entered into with the government of another country

(1)

If:

(a)

there is in force an agreement between the Commonwealth and the government of another country; and

(b)

the agreement contains a provision under which licences are agreed to be granted if an amount specified in the provision is paid to the Commonwealth (whether or not that amount or any part of that amount is to be paid before the grant of any of the licences);

AFMA must, in determining whether or not to grant any of the licences to which the provision relates, have regard only to the terms of the agreement.

(2)

Where:

(a)

an agreement that contains a provision of a kind mentioned in subsection (1) is in force; and

(b)

a licence to which the provision relates has been granted; and

(c)

the whole or part of an amount specified in the provision is not paid to the Commonwealth in accordance with the terms of the provision;

AFMA may suspend the licence by written notice given to the holder of the licence.

(3)

Where AFMA has suspended a licence under subsection (2) and the amount concerned is fully paid, AFMA must revoke the suspension by written notice given to the holder of the licence.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.