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LIVING MARINE RESOURCES MANAGEMENT ACT 1995 - SECT 300 Compensation not payable

LIVING MARINE RESOURCES MANAGEMENT ACT 1995 - SECT 300

Compensation not payable

(1)  Unless otherwise provided for in a management plan or under this Act, compensation is not payable to the holder of an authorisation –
(a) if a management plan is amended or revoked; or
(b) if any limitations are prescribed for fishing or other activities; or
(c) if there is a reduction in the total allowable catch; or
(d) if the Minister takes any other reasonable action for the purpose of this Act; or
(e) as a result of any requirement complied with under an order made under section 272 .
(2)  Subsection (1) does not apply if the Minister takes any action which is not consistent with the purpose of this Act.
(3)  Compensation is not payable in respect of anything done or omitted to be done by the Secretary under section 298 .