Commonwealth Consolidated Regulations

FISHERIES MANAGEMENT REGULATIONS 2019 - REG 28

  (1)   If:

  (a)   an eligible person has tendered; and

  (b)   either the bid is less than the reserve price or is invalid;

then the person is not to be recorded on the precedence list.

Note:   A grant of a fishing right is made to persons on the precedence list only (see section   29 of the Act).

  (2)   For a person who, under subsection   (1), is not recorded on the precedence list, the tender manager must record:

  (a)   the person's name; and

  (b)   the reason why the person is not recorded on the precedence list.

  (3)   The fact that a person is not placed on the precedence list does not affect the person's registration as an eligible person.