Victorian Consolidated Regulations

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FISHERIES REGULATIONS 2019 - REG 36

Making an offer for compensation—holder of registered financial interest

For the purposes of regulation 33(b), the compensation payable to the holder of a registered financial interest in an access licence must be—

        (a)     determined in accordance with the financial interest expressed as a dollar amount and declared by the holder of the financial interest and agreed to by the holder of the access licence on the application for compensation form; and

        (b)     assessed as a component of item Y in the formula set out in regulation 34 or 35 (as the case requires).



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