(1) This regulation is made for sections 110 and 111 of the Management Act.
(2) Levy payable for a leviable MITF SFR may be paid in 2 equal instalments.
(3) If levy is paid by making 1 payment of the full amount due, that payment is due and payable on the later of:
(a) 16 February 2009; and
(b) 28 days after the invoice date for the levy.
(4) If levy is paid in 2 instalments:
(a) the first instalment is due and payable on the later of:
(i) 16 February 2009; and
(ii) 28 days after the invoice date for the levy; and
(b) the second instalment is due and payable on the later of:
(i) 15 April 2009; and
(ii) 28 days after the invoice date for the instalment.
Note Section 7 of the Levy Act provides that levy in respect of a fishing permit or statutory fishing right is payable by the person who, at the time at which the levy is due and payable, is the holder of the fishing permit or statutory fishing right.