• Specific Year
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FISHERIES ACT 1995 - SECT 170 Increased costs entitlements—eligible specified access licence holders

FISHERIES ACT 1995 - SECT 170

Increased costs entitlements—eligible specified access licence holders

An eligible specified access licence holder is entitled to be paid, for each particular compensable year, an amount that represents the difference between—

        (a)     the fishing operating costs reasonably incurred under the licence in the particular compensable year; and

        (b)     the fishing operating costs that would reasonably have been incurred under the licence in the particular compensable year if the fishing prohibition had not applied to any one or more relevant parks

if the costs determined under paragraph (a) are greater than the costs determined under paragraph (b).

Division 4—Entitlements for eligible charter boat operators

S. 171 inserted by No. 40/2002 s. 27.