Victorian Current Acts

FISHERIES ACT 1995 - SECT 168

An eligible rock lobster access licence holder is entitled to be paid, for each particular compensable year, an amount that represents the difference between—

        (a)     the fishing operating costs reasonably incurred under the licence in the particular compensable year; and

        (b)     the fishing operating costs that would reasonably have been incurred under the licence in the particular compensable year, if the fishing prohibition had not applied to any one or more relevant parks—

if the costs determined under paragraph (a) are greater than the costs determined under paragraph (b).

Division 3—Entitlements for eligible specified access licence holders

S. 169 inserted by No. 40/2002 s. 27.