Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For the purposes of sections 110 and 111 of the Management Act, this section provides for:
(a) when levy is due and payable; and
(b) the payment of levy by instalments.
Leviable fishing concessions--general
(2) Subject to subsections (7) to (9), an amount of levy in respect of a leviable fishing concession must be paid in 3 approximately equal instalments.
(3) The instalments are due and payable as follows:
(a) the first instalment is due and payable on 13 February 2024;
(b) the second instalment is due and payable on 9 April 2024;
(c) the third instalment is due and payable on 30 May 2024.
(4) Despite paragraph (3)(a), if a dealing occurs on or after 16 January 2024 and before 13 February 2024 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable fishing concession, the first instalment is due and payable on the earlier of:
(a) 13 February 2024; and
(b) the day before the day an application is made to register the dealing under section 46 of the Management Act.
(5) Despite paragraph (3)(b), if a dealing occurs on or after 12 March 2024 and before 9 April 2024 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable fishing concession, the second instalment is due and payable on the earlier of:
(a) 9 April 2024; and
(b) the day before the day an application is made to register the dealing under section 46 of the Management Act.
(6) Despite paragraph (3)(c), if a dealing occurs on or after 2 May 2024 and before 30 May 2024 that would, but for subsection 46(2) of the anagement Act, have the effect of transferring the leviable fishing concession, the third instalment is due and payable on the earlier of:
(a) 30 May 2024; and
(b) the day before the day an application is made to register the dealing under section 46 of the Management Act.
Leviable SESSF quota fishing permits to which subsection 18(4) of the Levy Regulations applies
(7) If subsection 18(4) of the Levy Regulations applies to a leviable SESSF quota fishing permit, the amount of levy in respect of the permit must be paid in 2 approximately equal instalments.
(8) The instalments are due and payable as follows:
(a) the first instalment is due and payable on 13 February 2024;
(b) the second instalment is due and payable on 9 April 2024.
Certain leviable SESSF quota SFRs
(9) An amount of levy in respect of a leviable SESSF quota SFR that authorises the taking of a quota species mentioned in item 14 or 17 of the table in subsection 17(3) of the Levy Regulations, or item 1, 2, 10 or 11 of the table in subsection 17(4) of that instrument, is due and payable on:
(a) 30 May 2024; or
(b) if a dealing occurs on or after 2 May 2024 and before 30 May 2024 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the SFR--the earlier of:
(i) 30 May 2024; and
(ii) the day before the day an application is made to register the dealing under section 46 of the Management Act.
Note: Section 7 of the Levy Act provides that levy in respect of a fishing concession is payable by the person who, at the time at which the levy is due and payable, is the holder of the fishing concession.