71
CurrentCriteria for cancelling T4-ITQ units
Chapter 2Authorities
Part 6Criteria for suspending or cancelling particular authorities
71 Criteria for cancelling T4-ITQ units
(1)
This section applies in relation to T4-ITQ units held by a person if, in a T4-ITQ year, the person is convicted of a serious fisheries offence involving taking or possessing an amount of prescribed whiting that exceeds the person’s unused T4-ITQ unit entitlements for the T4-ITQ year by at least 500kg (whole weight).
(2)
An appropriate cancellation may be cancellation of the number of the person’s T4-ITQ units with an entitlement equivalent to the amount of prescribed whiting unlawfully taken or possessed by the person.
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