Part 4Quota management system
Generation of annual catch entitlement
67Allocation of annual catch entitlement
On the first day of each fishing year, the chief executive must allocate to each quota owner the person's annual catch entitlement for any quota management stock that has been generated under section 66.
-
Repealed -
Repealed If between the beginning of a fishing year and the beginning of the Foveaux Strait dredge oyster season in that year there is an increase in the total allowable commercial catch for Foveaux Strait dredge oysters,—
- the chief executive must calculate the amount of annual catch entitlement that each person would have received under subsection (1) if the altered total allowable commercial catch had been in effect at the beginning of the fishing year, and an annual catch entitlement had been generated under section 66 accordingly; and
- the chief executive must, on or before the first day of the Foveaux Strait dredge oyster season, allocate to each person who receives an amount of annual catch entitlement under subsection (1) for Foveaux Strait dredge oysters a further amount of annual catch entitlement for that stock calculated in accordance with the following formula:
-
Repealed -
Repealed Any annual catch entitlement calculated under this section shall be rounded up or rounded down by the chief executive to ensure that no quota owner holds part of a kilogramme of annual catch entitlement as a result of an allocation.
Any annual catch entitlement allocated under this section shall have effect for all purposes of this Act on and from the date of allocation.
The chief executive shall, as soon as practicable after allocating any annual catch entitlement in accordance with this section, notify every quota owner of the amount of annual catch entitlement allocated to that quota owner under this section.
The chief executive shall, as soon as practicable after allocating any annual catch entitlement in accordance with this section, notify the relevant Registrar of Annual Catch Entitlement of the amount of annual catch entitlement allocated to each quota owner.
Notes
- Section 67(1): substituted, on , by section 23(1) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).
- Section 67(2): repealed, on , by section 23(2) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).
- Section 67(2A): repealed, on , by section 23(2) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).
- Section 67(2B): substituted, on , by section 23(3) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).
- Section 67(3): repealed, on , by section 23(2) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).
- Section 67(4): repealed, on , by section 23(2) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).
- Section 67(6): amended, on , by section 23(4) of the Fisheries Act 1996 Amendment Act 1999 (1999 No 101).


