New South Wales Consolidated Acts
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FISHERIES MANAGEMENT ACT 1994 - SECT 40T
Transfer of quota
(1) The regulations may provide for the transfer of quota between commercial
fishing authority holders.
(2) A commercial fishing authority holder may
transfer to any other commercial fishing authority holder the whole or any
part of the authority holder's quota in accordance with the regulations.
(3)
Subject to the regulations, a quota for a fishing period is not transferable
after the end of the fishing period.
(4) The regulations may authorise a
commercial fishing authority holder-- (a) to transfer to the next
fishing period any part of the quota for the current fishing period that is
not taken during the current period, or
(b) to transfer to the current
fishing period part of the quota for the next fishing period.
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