Fisheries Act 1996

Quota management system - Allocation of quota

48: Notification of allocation of quota

You could also call this:

"When the government gives you a fishing limit, they tell you how much you can catch"

Illustration for Fisheries Act 1996

You get quota for a stock after the chief executive allocates it under section 47. The chief executive tells you and Te Ohu Kai Moana Trustee Limited about the total allowable catch and the total allowable commercial catch for that stock. They also tell you how many quota shares you got and what the quota weight is for one quota share.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM395989.


Previous

47: Allocation of quota on basis of provisional catch history, or

"How fishing quotas are allocated based on your past fishing catches"


Next

49: Unallocated total allowable commercial catch to be held by Crown, or

"The Crown keeps any unused fishing quota until it is sorted out and can be used."

Part 4Quota management system
Allocation of quota

48Notification of allocation of quota

  1. At any time after the allocation of quota under section 47 and after the total allowable catch and the total allowable commercial catch for the stock have been declared, but before the commencement of the fishing year in which the stock becomes a quota management stock, the chief executive shall notify each person to whom he or she has allocated quota for that stock, and Te Ohu Kai Moana Trustee Limited, of—

  2. the total allowable catch for that stock; and
    1. the total allowable commercial catch for that stock; and
      1. the number of quota shares in that stock that has been allocated to that person; and
        1. the quota weight equivalent of 1 quota share for that stock.
          1. Repealed
          Notes
          • Section 48(1): amended, on , by section 214 of the Maori Fisheries Act 2004 (2004 No 78).
          • Section 48(2): repealed, on , by section 20 of the Fisheries Amendment Act (No 3) 2004 (2004 No 76).