Victorian Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

FISHERIES (FEES, ROYALTIES AND LEVIES) REGULATIONS 2017 - REG 18

Manner in which and date by which royalty is payable

    (1)     The royalty prescribed under regulation 17 is payable to the Victorian Fisheries Authority annually by the date specified by the Victorian Fisheries Authority.

Note

Under section 66Q of the Act, failure to pay the royalty imposed in respect of an individual abalone quota unit within 14 days of the date that the payment of the royalty is due may result in suspension of the entitlement under the individual abalone quota unit until the royalty is paid. Failure to pay the royalty within 12 months will result in cancellation of the individual abalone quota unit on the day after the end of that period.

    (2)     The Victorian Fisheries Authority must give each individual abalone quota unit holder to whom subregulation (1) applies a written notice of the specified date at least 14 days before the specified date.

Division 3—Levies



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback