(1) If a
prescribed authority is surrendered, the Minister must, on application by the
former holder of the authority, refund an amount that bears to the prescribed
licence or registration fee or prescribed annual fee last paid in respect of
the authority the same proportion as the number of complete months from the
date of surrender to the following 1 July bears to 12.
(2) In this
regulation—
"prescribed authority" means—
(a) a
fishery licence; or
(b) a
fishery permit; or
(c)
registration as a fish processor.