New South Wales Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FISHERIES MANAGEMENT (AQUACULTURE) REGULATION 2007 - REG 23A

Additional contributions to be made by certain class A permit holders

23A Additional contributions to be made by certain class A permit holders

(1) A class A permit holder who, on or after the commencement of this clause, enters into a financial arrangement for the payment of annual contributions (by virtue of clause 19 (2)) must pay to the Minister a contribution in respect of each previous annual contribution period in which the permit was in force (even if the permit was in force for only part of the previous annual contribution period).
(2) A "previous annual contribution period" is a period of 12 months commencing on 1 July in any year before the permit holder entered into the financial arrangement, excluding any period before 1 July 2001.
(3) The contribution under this clause (the "additional contribution") is payable in addition to the annual contribution payable under clause 23.
(4) The additional contribution is calculated in the same manner as the annual contribution under clause 23 is calculated at the time that the person enters into the financial arrangement. For that purpose, a reference in clause 23 (1) to each period of 12 months beginning on 1 July in any year is to be read as a reference to each previous annual contribution period.
(5) The additional contribution required by this clause must be paid, at the permit holder’s option, either:
(a) on or before the date that is 30 days after the date that the permit holder enters into the financial arrangement, or
(b) by instalments.
(6) For the purpose of allowing the payment of a contribution by instalments, the Minister is required:
(a) to determine the amounts of the instalments that are payable, or the manner in which they are to be calculated, and
(b) to determine the dates on which the instalments are payable, and
(c) to notify the amounts (or the manner of the calculation) of the instalments, and the dates on which they are payable, to the permit holder concerned.
(7) If there is a failure to make a payment in accordance with such a notice, the Minister may treat the total unpaid balance as an overdue amount of contribution even if payment by instalments has begun.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback