Fisheries Act 1996

Quota management system - Overseas investment in and aggregation of quota

58B: Interest in fishing quota forfeited under section 58 or section 58A must be dealt with in accordance with section 62

You could also call this:

"What happens to your fishing quota if it's taken away"

Illustration for Fisheries Act 1996

If you have an interest in fishing quota and it is forfeited under section 58 or section 58A, you must deal with it according to section 62. You can find more information about this in the sections linked to section 58 and section 58A. You will need to follow the rules in section 62 to deal with the forfeited interest.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM396332.


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Part 4Quota management system
Overseas investment in and aggregation of quota

58BInterest in fishing quota forfeited under section 58 or section 58A must be dealt with in accordance with section 62

  1. An interest in fishing quota that is forfeited under section 58 or section 58A must be dealt with in accordance with section 62.

Notes
  • Section 58B: inserted, on , by section 73 of the Overseas Investment Act 2005 (2005 No 82).