Part 17Repeals, amendments, validations, savings, and transitional provisions
Savings and transitional provisions
357Provision relating to minimum quota holdings
Every person who, immediately before the repeal of section 28S of the Fisheries Act 1983 by section 314, was entitled to take under quota or a lease of quota under the Fisheries Act 1983 an amount of fish, aquatic life, or seaweed less than the applicable minimum holding set out in section 28S(1) of that Act, shall be subject to section 74 as if that amount of quota had been allocated to that person under this Act.
Every person who—
- immediately before the repeal of section 28S of the Fisheries Act 1983 by section 314 of this Act owned or held quota in excess of any minimum holding specified in section 28S(1)(a) or section 28S(1)(b) of the Fisheries Act 1983; and
- at the beginning of the fishing year in which this section comes into force is allocated, or has transferred to them under section 347 or section 347A, less annual catch entitlement for a stock listed in Schedule 8 than is specified in section 74(1),—
Where a lease was the basis for a person's allocation of annual catch entitlement for any stock referred to in subsection (2)(b), whether in whole or in part, subsection (2) ceases to apply in respect of that person and that stock when the lease expires or otherwise ends.
This section is subject to section 340AA.
Notes
- Section 357(2): added, on , by section 31 of the Fisheries Amendment Act 2001 (2001 No 65).
- Section 357(3): added, on , by section 31 of the Fisheries Amendment Act 2001 (2001 No 65).
- Section 357(4): added, on , by section 31 of the Fisheries Amendment Act 2001 (2001 No 65).


