Fisheries Act 1996

Registration of transfers, mortgages, caveats, etc - Administration

127: Matters to be shown in Quota Register

You could also call this:

"What's in the Quota Register"

Illustration for Fisheries Act 1996

You need to know what information is kept in the Quota Register. The Quota Register has details about the total allowable catch and the total allowable commercial catch for each stock. It also has information about the individual transferable quota allocated to each person. You can find the names of the transferor and the transferee, the number of quota shares transferred, and the time and date of the registration of the transfer in the Quota Register. The Quota Register also shows the provisional individual transferable quota and the provisional catch history allocated to each person. It keeps a record of every registered transfer of provisional catch history, including the names of the transferor and the transferee, the amount in kilogrammes of provisional catch history transferred, and the time and date of the registration of the transfer. The Quota Register has details about every increase and decrease of the number of quota shares held by any person. It also shows every caveat registered in respect of any quota shares under section 159, including the names of the caveator and the quota owner, the time and date of the registration of the caveat, and the number of quota shares over which the caveat is registered. You can find every settlement quota interest registered under section 152A in the Quota Register, including the name of Te Ohu Kai Moana Trustee Limited and of the quota owner, the time and date of registration of the settlement quota interest, and the number of quota shares over which the settlement quota interest is registered. The Quota Register keeps a record of every mortgage registered under section 159, including the names of the mortgagor and the mortgagee, the time and date of the registration of the mortgage, and the number of quota shares secured by the mortgage. It also shows every forfeiture of quota or provisional catch history under this Act, including the time and date of the registration of the resulting transfer to the Crown, and the number of quota shares or kilogrammes of provisional catch history transferred to the Crown. The Quota Register has the last known postal address of the quota owner and persons having a registered interest in the quota. It also contains corrections made under section 165 and the time and date of the corrections.

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Part 8Registration of transfers, mortgages, caveats, etc
Administration

127Matters to be shown in Quota Register

  1. Each Quota Register shall contain the following particulars (if applicable) for each stock to which that Quota Register relates:

  2. the total allowable catch:
    1. the total allowable commercial catch:
      1. the individual transferable quota allocated to each person:
        1. every registered transfer of individual transferable quota (whether by operation of law or otherwise) and every registered transfer of provisional individual transferable quota by operation of law, and—
          1. the names of the transferor and the transferee; and
            1. the number of quota shares transferred; and
              1. the time and date of the registration of the transfer:
              2. the provisional individual transferable quota allocated to each person:
                1. the provisional catch history allocated to each person:
                  1. every registered transfer of provisional catch history (whether by operation of law or otherwise), and—
                    1. the names of the transferor and the transferee; and
                      1. the amount in kilogrammes of provisional catch history transferred; and
                        1. the time and date of the registration of the transfer:
                        2. every increase and every decrease of the number of quota shares held by any person that results from the transfer by the Crown of any quota by virtue of the operation of section 22 or section 23 or section 52:
                          1. the aggregate holding of each kind of quota and provisional catch history held by each person:
                            1. every caveat registered in respect of any quota shares under section 159, and—
                              1. the names of the caveator and the quota owner over whose quota shares the caveat is registered; and
                                1. the time and date of the registration of the caveat; and
                                  1. the number of quota shares over which the caveat is registered; and
                                    1. the type of caveat being imposed; and
                                      1. the date (if any) on which the caveat will lapse; and
                                        1. the date on which the caveat is withdrawn:
                                        2. every settlement quota interest registered under section 152A, and—
                                          1. the name of Te Ohu Kai Moana Trustee Limited and of the quota owner over whose quota shares the settlement quota interest is registered; and
                                            1. the time and date of registration of the settlement quota interest; and
                                              1. the number of quota shares over which the settlement quota interest is registered:
                                              2. every mortgage registered under section 159, and—
                                                1. the names of the mortgagor and the mortgagee; and
                                                  1. the time and date of the registration of the mortgage; and
                                                    1. the number of quota shares secured by the mortgage; and
                                                      1. every variation of the terms of the mortgage; and
                                                        1. every assignment of the mortgage; and
                                                          1. the time and date of discharge of the mortgage:
                                                          2. every memorial registered under this Act, and the reason for the memorial:
                                                            1. every forfeiture of quota or provisional catch history under this Act, including—
                                                              1. the time and date of the registration of the resulting transfer to the Crown of the quota or provisional catch history; and
                                                                1. the number of quota shares or kilogrammes of provisional catch history transferred to the Crown; and
                                                                  1. that any settlement quota that is forfeit is subject to a settlement quota interest registered under section 152A:
                                                                  2. such other matters as may be required by regulations made under section 297.
                                                                    1. Each Quota Register shall contain the last known postal address of the quota owner and persons having a registered interest in the quota.

                                                                    2. Each Quota Register shall contain corrections made under section 165 and the time and date of the corrections.

                                                                    Notes
                                                                    • Section 127(1)(ja): inserted, on , by section 214 of the Maori Fisheries Act 2004 (2004 No 78).
                                                                    • Section 127(1)(k)(v): substituted, on , by section 13 of the Fisheries (Remedial Issues) Amendment Act 2001 (2001 No 33).
                                                                    • Section 127(1)(k)(vi): added, on , by section 13 of the Fisheries (Remedial Issues) Amendment Act 2001 (2001 No 33).
                                                                    • Section 127(1)(m)(ii): amended, on , by section 214 of the Maori Fisheries Act 2004 (2004 No 78).
                                                                    • Section 127(1)(m)(iii): added, on , by section 214 of the Maori Fisheries Act 2004 (2004 No 78).