(1) This section applies if, for an entry for fish identified in schedule 2, part 2, column 1--
(a) the symbol 'V' is stated in schedule 2, part 2, column 2; and
(b) a volume (the regulated volume) is stated opposite the symbol in schedule 2, part 2, column 3.
(2) Only the identified fish in excess of the regulated volume are declared to be regulated fish.