Victorian Consolidated Regulations

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FISHERIES (FEES, ROYALTIES AND LEVIES) REGULATIONS 2017 - REG 23

Research levy for Fisheries Research and Development Corporation

    (1)     For the purposes of section 151(1) of the Act, the following levies are prescribed for the purposes of research carried out on behalf of the Fisheries Research and Development Corporation

        (a)     for each class of access licence prescribed in  regulation 19(1)(g) , (p) and (q), a levy calculated in accordance with the following formula—

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        (b)     for each class of licence prescribed in regulations 19(1)(d) to (f), (h) to (o) and (r) to (y) and 21 a levy calculated in accordance with the following formula—

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        (c)     for each class of individual quota unit prescribed in regulation 22(1)(d) , (g) and (h), a levy calculated in accordance with the following formula—

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        (d)     for each class of individual abalone quota unit prescribed in regulation 22(1)(a) to (c), (e) and (f), a levy calculated in accordance with the following formula—

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    (2)     In this regulation—

"A" means the number of licences of the relevant class held in the relevant fishery zone as at 1 January immediately before the commencement of the licensing year in which the levy is payable;

"B" means the number of licences of the relevant class held in the relevant fishery as at 1 January immediately before the commencement of the licensing year in which the levy is payable;

"C" means the number of individual quota units of the relevant class held in the relevant fishery zone as at 1 January immediately before the commencement of the licensing year in which the levy is payable;

"D" means the number of individual abalone quota units of the relevant class held in the relevant abalone fishery zone as at 1 January immediately before the commencement of the licensing year in which the levy is payable;

"GVPf" means the average weighted beach price per kilogram of fish landed from the relevant fishery or fishery zone over the 3 financial years immediately before the commencement of the licensing year in which the levy is payable, multiplied by the average weight per year of fish in kilograms landed from the relevant fishery or fishery zone over those 3 financial years.



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