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reg 39

Appointment and role of independent negotiator

In force
Part 2Commercial fishery licences
Division 2Administration of commercial fishery licences
Subdivision 4Compensation payable under section 63 of the Act

39 Appointment and role of independent negotiator

(1)

The Secretary may appoint an independent negotiator who, in the opinion of the Secretary, has extensive knowledge of financial matters and asset valuation to provide the Secretary with advice on the compensation payable in respect of a cancelled access licence by a direction under section 61 of the Act.

(2)

The independent negotiator may provide advice to the Secretary on the financial documentation referred to in regulation 38(b).

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