You can change the terms of a mortgage by using a special form. This form is called a memorandum of variation. It can increase or decrease the number of quota shares in a stock that is secured by a mortgage under the Fisheries Act 1996.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM397659.
The number of quota shares in any stock secured by a mortgage under this Act may be increased or reduced by a memorandum of variation in the approved form.
