(1) The licence holder in, on or next to Port Phillip Bay, must not use a commercial hoop net exceeding 3 metres in diameter from a pier, jetty or wharf.
(2) The licence holder must not—
(a) use in or on Port Phillip Bay, more than 50 commercial hoop nets at any one time; or
(b) possess in or on Port Phillip Bay, more than 50 commercial hoop nets.