36
In forceMaking an offer for compensation—holder of registered financial interest
Part 2Commercial fishery licences
Division 2Administration of commercial fishery licences
Subdivision 4Compensation payable under section 63 of the Act
36 Making an offer for compensation—holder of registered financial interest
For the purposes of regulation 33(b), the compensation payable to the holder of a registered financial interest in an access licence must be—
(a)
determined in accordance with the financial interest expressed as a dollar amount and declared by the holder of the financial interest and agreed to by the holder of the access licence on the application for compensation form; and
(b)
assessed as a component of item Y in the formula set out in regulation 34 or 35 (as the case requires).
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