Grant of licence
120 Grant of licence
(1) The Director may not grant a Pearl Oyster Fishery licence to a person unless:
the person holds a Pearl Oyster Culture Industry licence; and
(b) the Director has approved the permanent transfer to the person of 20 pearl culture units in accordance with subregulation (2).
(2) For subregulation (1), the 20 pearl culture units may be comprised of:
(a) pearl oyster fishing units permanently transferred under Subdivision 5; or
(b) a combination of pearl oyster fishing units permanently transferred under Subdivision 5 and pearl oyster hatchery units permanently transferred under Part 4 of the Pearl Oyster Culture Industry Management Plan 1998, providing that at least 5 of the pearl culture units are pearl oyster fishing units.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.