New South Wales Repealed Regulations

This legislation has been repealed.

FISHERIES MANAGEMENT (GENERAL) REGULATION 1995 - REG 212Y

212Y Effect of sale or disposal of fishing business on eligibility

(1) A person ceases to be entitled to an endorsement in a restricted fishery if any part of the fishing business that made the person eligible for the endorsement is sold or disposed of. For example, if a person sells the licensed fishing boat that made the person eligible for an endorsement, the person ceases to be entitled to such an endorsement.

(2) A person who acquires any part of the fishing business of another person does not thereby become eligible for an endorsement in a restricted fishery, except in accordance with guidelines relating to the transfer of fishing businesses issued from time to time by the Director.