70
CurrentCriteria for suspending T4-ITQ units
Chapter 2Authorities
Part 6Criteria for suspending or cancelling particular authorities
70 Criteria for suspending T4-ITQ units
(1)
This section applies in relation to T4-ITQ units held by a person if, in a T4-ITQ year—
(a)
the person takes an amount of prescribed whiting for the T4-ITQ units that exceeds the person’s total entitlements under the T4-ITQ units; or
(b)
a T4 fishery licence held by the person is suspended.
(2)
An appropriate suspension may be—
(a)
for subsection (1)(a)—suspension for the following T4-ITQ year of the number of T4-ITQ units with entitlements equal to the amount by which the entitlements were exceeded; or
(b)
for subsection (1)(b)—suspension for the T4-ITQ year of all the person’s T4-ITQ units with unused entitlements.
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