Fisheries Act 1996

Registration of transfers, mortgages, caveats, etc - Settlement quota interests

152A: Registration

You could also call this:

"Registering a settlement quota interest with the chief executive"

Illustration for Fisheries Act 1996

You need to register a settlement quota interest. The chief executive does this. They register it against quota shares that Te Ohu Kai Moana Trustee Limited tells them about. They do this after getting a request as per section 160(2) of the Maori Fisheries Act 2004. They also need to get the prescribed fee from Te Ohu Kai Moana Trustee Limited.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM397690.


Previous

152: Person entering or maintaining caveat without due cause liable for damages, or

"You can be liable for damages if you wrongly lodge or keep a caveat."


Next

152B: Effect of registering settlement quota interest against quota shares, or

"What happens when you register a settlement quota interest against quota shares"

Part 8Registration of transfers, mortgages, caveats, etc
Settlement quota interests

152ARegistration

  1. The chief executive must register a settlement quota interest against the quota shares notified by Te Ohu Kai Moana Trustee Limited as soon as reasonably practicable after receiving—

  2. a request in accordance with section 160(2) of the Maori Fisheries Act 2004; and
    1. payment by Te Ohu Kai Moana Trustee Limited of the prescribed fee.
      Notes
      • Section 152A: inserted, on , by section 214 of the Maori Fisheries Act 2004 (2004 No 78).