(1) A person, while on a fishing vessel in State waters, must not take, or be in possession of, more than 5 sharks (other than elephantfish) for commercial purposes unless the person is the holder of an appropriate authority and is fishing in accordance with that authority.Penalty: Grade 3 penalty.(2) The holder of a scalefish licence must not, in State waters (a) take more than 100 kilograms of elephantfish in any one day; or(b) be in possession of more than 100 kilograms of elephantfish at any one time.Penalty: Grade 3 penalty.(3) The holder of a scalefish licence must not, in any one day, take more than 5 elephantfish in a shark refuge area.Penalty: Grade 3 penalty.