108
In forceApplication for transfer and approval by Joint Authority
Part 8Commercial fisheries
Division 6Demersal Fishery
Subdivision 5Transfer of fishery units and quota units
108 Application for transfer and approval by Joint Authority
(1) The holder of a DF licence may apply to the Joint Authority for approval to transfer one or more fishery units or quota units attached to the licence to:
(a)
the holder of a DF licence; or
(b) an applicant for, or person who intends to apply for, a DF licence.
(2)
The application must be made in the approved form.
(3) The Joint Authority must approve or refuse to approve the application and give the applicant written notice of the decision.
(4) To avoid doubt, an application under subregulation (1) cannot be made in relation to fishery units or quota units attached to a suspended DF licence.
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