Commonwealth Numbered Regulations

FISHERIES LEVY (TORRES STRAIT PRAWN FISHERY) REGULATION 2016 (F2016L01802) - REG 8

             (1)  This section applies for the purposes of subsection 6(1) of the Levy Act.

Licences--grant

             (2)  The amount of levy imposed on the grant of a licence prescribed by section 7 to a person is $3,491.64 plus $23.75 for each unit of fishing capacity prescribed by section 6 allocated to the person in respect of the licence.

Licences--renewal

             (3)  The amount of levy imposed on the renewal of a licence prescribed by section 7 to a person is $3,491.64 plus $23.75 for each unit of fishing capacity prescribed by section 6 to be held by the person in respect of the renewed licence.

Units of fishing capacity--allocation

             (4)  The amount of levy imposed on the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $23.75 for each unit of fishing capacity allocated.

Units of fishing capacity--renewal of allocation

             (5)  The amount of levy imposed on the renewal of the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $23.75 for each unit of fishing capacity the allocation of which is renewed.

Note:          See section 7 of the Levy Act for the person who is liable to pay the levy.