New South Wales Repealed Regulations

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This legislation has been repealed.

FISHERIES MANAGEMENT (AQUACULTURE) REGULATION 2002 - REG 69

Transitional provision concerning security arrangements for class A permit holders of class 1 leases

69 Transitional provision concerning security arrangements for class A permit holders of class 1 leases

Note: This clause remakes such of the provisions of clause 63 of the Fisheries Management (Aquaculture) Regulation 1995 (as in force immediately before the repeal of that Regulation) as are of ongoing effect.
Despite clause 19, the amount payable by a class A permit holder of a class 1 lease under an arrangement referred to in clause 19 (1) (a) or (b) is as follows:
(a) for any such arrangement entered into during the period of 12 months beginning on 31 January 2002-one half of the amount that would otherwise be payable under clause 19,
(b) for any such arrangement entered into during the period of 12 months beginning on 31 January 2003-three quarters of the amount that would otherwise be payable under clause 19,
(c) for any such arrangement entered into on or after 31 January 2004-the full amount payable under clause 19.


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