Fisheries Act 1996

Quota management system - Special provisions relating to allocation of quota for certain Schedule 4 stocks

50E: Chief executive to determine whether more than 80 000 000 quota shares held by other quota owners

You could also call this:

"Chief executive checks if others own too many fishing quota shares"

Illustration for Fisheries Act 1996

The chief executive has to decide if other quota owners hold more than 80,000,000 quota shares. You can find more information about this in the Fisheries Act 1996. This part of the law was repealed on 1 October 2004 by the Fisheries Amendment Act (No 3) 2004, which you can read about on the https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM310598 legislation website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM396017.


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50D: Quota holders may offer individual transferable quota to the Crown, or

"Quota holders can sell their fishing limits to the government"


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50F: Crown acquisition of quota where more than 80 000 000 quota shares held by other quota owners, or

"The Government can get fishing quotas if others own too many."

Part 4Quota management system
Special provisions relating to allocation of quota for certain Schedule 4 stocks

50EChief executive to determine whether more than 80 000 000 quota shares held by other quota owners (Repealed)

    Notes
    • Section 50E: repealed, on , by section 23(1) of the Fisheries Amendment Act (No 3) 2004 (2004 No 76).