Community contribution for access to share management fishery
77 Community contribution for access to share management fishery
Shareholders in a share management fishery are required to make a periodic contribution for their right of access to the fishery (a community contribution).
The community contribution is payable after the commencement of, and in accordance with, the management plan for the fishery.
The community contribution is to be credited to the Consolidated Fund.
The community contribution is to be based on the size of the shareholding in the fishery, or as otherwise provided by the management plan for the fishery.
The rate of the community contribution, method of its payment and other matters concerning its payment are to be prescribed by the management plan, and not otherwise.
The management plan for the fishery may exempt a shareholder from making the community contribution (or reduce any such contribution) if the full rights to take fish in the fishery in accordance with the shareholding have not been exercised during the relevant period.
The Treasurer’s concurrence is required before any provisions relating to community contributions are inserted in a management plan.
This Act’s bill:Explanatory memorandum
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