(1) For sections 110 and 111 of the Management Act, the levy amount must be paid as 3 equal instalments as follows:
(a) the first instalment is due and payable on 11 February 2014;
(b) the second instalment is due and payable on 8 April 2014;
(c) the third instalment is due and payable on 3 June 2014.
(2) However:
(a) if a dealing occurs on or after 14 January 2014 and before 11 February 2014 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable SBTF SFR, the first instalment becomes due and payable on the earlier of:
(i) 11 February 2014; and
(ii) the day before the day an application is made to register the transfer under section 46 of the Management Act; and
(b) if a dealing occurs on or after 11 March 2014 and before 8 April 2014 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable SBTF SFR, the second instalment becomes due and payable on the earlier of:
(i) 8 April 2014; and
(ii) the day before the day an application is made to register the transfer under section 46 of the Management Act; and
(c) if a dealing occurs on or after 30 April 2014 and before 3 June 2014 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable SBTF SFR, the third instalment becomes due and payable on the earlier of:
(i) 3 June 2014; and
(ii) the day before the day an application is made to register the transfer under section 46 of the Management Act.
Note: Section 7 of the Levy Act provides that levy in respect of a fishing permit or SFR is payable by the person who is the holder of the fishing permit or SFR, at the time at which the levy is due and payable.