Victorian Current Acts

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FISHERIES ACT 1995 - SECT 150

Royalties

    (1)     A royalty may be imposed under this Act in respect of any licence or permit issued under this Act.

S. 150(1A) inserted by No. 58/2005 s. 9(1).

    (1A)     A royalty may be imposed under this Act in respect of an individual abalone quota unit issued under this Act.

    (2)     The regulations may prescribe a royalty—

        (a)     at a different rate in respect of specified classes of licences or permits;

S. 150(2)(aa) inserted by No. 58/2005 s. 9(2).

        (aa)     at a different rate in respect of specified classes of individual abalone quota units or in respect of specified classes of individual abalone quota units in relation to specified zones;

S. 150(2)(b) amended by Nos 5/1997
s. 41(1), 40/2019 s. 35(b).

        (b)     at a rate fixed by reference to—

              (i)     the value; or

              (ii)     the price; or

              (iii)     the numbers; or

              (iv)     the weight; or

              (v)     the volume; or

              (vi)     the quota; or

S. 150
(2)(b)(via) inserted by No. 64/2013
s. 6.

        (via)     the levies payable in respect of a class of licence, permit or individual abalone quota unit; or

              (vii)     any other prescribed factor; or

S. 150(2)(b)(viii) amended by No. 40/2019 s. 35(a).

              (viii)     any combination of the above factors—

of or relating to fish, protected aquatic biota or noxious aquatic species;

        (c)     at a rate calculated in accordance with paragraph (b) for a specified period or by reference to the duration of the licence or permit.

S. 150(3) substituted by No. 5/1997
s. 41(2).

    (3)     The regulations may prescribe the manner in which, the period in respect of which, and the date by when, the royalty is to be paid.

S. 150(4) repealed by No. 35/2009
s. 41.

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