(1) Where AFMA or a Joint Authority makes a decision as to the person or persons to whom the grant of a fishing right in a managed fishery is to be made, not being a grant or grants to be made after:
(a) the holding of an auction in respect of the grant; or
(b) the calling of tenders in respect of the grant;
the following provisions of this section apply.
(2) AFMA or the Joint Authority, as the case may be, by notice published in the Gazette , must set out the name of the person or persons to whom the fishing rights are to be granted and a summary of the fishing rights to be granted to each such person.
(3) A grant of a fishing right must not be made to such a person:
(a) before the end of the period within which, under section 143, applications to the Panel may be made for review of the decision in relation to the grant; or
(b) if an application in relation to the decision is made to the Panel under section 143--before the application is dealt with by the Panel or otherwise disposed of.