(1)  A Joint Authority has any function relating to the management of the fishery for which an arrangement is in force.

(2)  In managing a fishery, the Joint Authority is to –

(a) consider the condition of the fishery; and

(b) formulate policies and plans for the good management of the fishery; and

(c) exercise the powers conferred on it by this Act; and

(d) co-operate and consult with other authorities, including other Joint Authorities within the meaning of the Commonwealth Act, in matters of common concern.

(3)  A Joint Authority is to –

(a) ensure, through proper conservation, preservation and fisheries management measures, that fish resources are not endangered by over-exploitation; and

(b) achieve efficient use of those resources.

(4)  A Joint Authority is to perform its functions and exercise its powers in accordance with the Commonwealth Act.

(5)  A Joint Authority may exercise the powers of the Minister and any other person under this Act.

(6)  Any rules made by a Joint Authority in the exercise of a power under subsection (5) may provide that any rules made under Part 3 apply to a fishery managed by the Joint Authority.