(1) This section applies for the purposes of subsection 6(1) of the Levy Act.
Licences--grant
(2) The amount of levy imposed on the grant of a licence prescribed by section 7 to a person is $1,364.78 plus $12.62 for each unit of fishing capacity prescribed by section 6 allocated to the person in respect of the licence.
Licences--renewal
(3) The amount of levy imposed on the renewal of a licence prescribed by section 7 to a person is $1,364.78 plus $12.62 for each unit of fishing capacity prescribed by section 6 to be held by the person in respect of the renewed licence.
Units of fishing capacity--allocation
(4) The amount of levy imposed on the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $12.62 for each unit of fishing capacity allocated.
Units of fishing capacity--renewal of allocation
(5) The amount of levy imposed on the renewal of the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $12.62 for each unit of fishing capacity the allocation of which is renewed.
Note: See section 7 of the Levy Act for the person who is liable to pay the levy.