Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) An amount of levy in respect of a leviable fishing concession must be paid in 3 equal instalments.
(2) The instalments are due and payable as follows:
(a) the first instalment is due and payable on 11 February 2015;
(b) the second instalment is due and payable on 8 April 2015;
(c) the third instalment is due and payable on 28 May 2015.
Note: Section 7 of the Levy Act provides that levy in respect of a fishing concession is payable by the person who is the holder of the fishing concession, at the time at which the levy is due and payable.
(3) Despite paragraph (2)(a), if a dealing occurs on or after 14 January 2015 and before 11 February 2015 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable fishing concession, the first instalment becomes due and payable on the earlier of:
(a) 11 February 2015; and
(b) the day before the day an application is made to register the dealing under section 46 of the Management Act.
(4) Despite paragraph (2)(b), if a dealing occurs on or after 11 March 2015 and before 8 April 2015 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable fishing concession, the second instalment becomes due and payable on the earlier of:
(a) 8 April 2015; 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 (2)(c), if a dealing occurs on or after 30 April 2015 and before 3 June 2015 that would, but for subsection 46(2) of the Management Act, have the effect of transferring the leviable fishing concession, the third instalment becomes due and payable on the earlier of:
(a) 28 May 2015; and
(b) the day before the day an application is made to register the dealing under section 46 of the Management Act.