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Reprint as at 12 May 2011 Fisheries (Transitional Provisions) Regulations (No 2) 2001 (SR 2001/190) Fisheries (Transitional Provisions) Regulations (No 2) 2001: revoked, on 12 May 2011 (after expiring on 2 October 2002), by clause 3 of the Regulatory Reform (Revocations) Order 2011 (SR 2011/99).
Silvia Cartwright, Governor-General Order in Council At Wellington this 23rd day of July 2001 Present: The Right Hon Helen Clark presiding in Council Pursuant to sections 297 and 354 of the Fisheries Act 1996, Her Ex- cellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

Note Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this eprint.
A general outline of these changes is set out in the notes at the end of this eprint, together with other explanatory material about this eprint.

These regulations are administered by the Ministry of Fisheries.
1 Fisheries (Transitional Provisions) Regulations (No 2) 2001 Reprinted as at 12 May 2011 Contents Title Commencement Application Expiry Interpretation Transitional period for registration of mortgages Regulations to replace section 350 of 1996 Act during application period Transitional period for registration of mortgages Number of quota shares Registration of mortgages Certain provisions concerning mortgages not to apply Certain references relating to mortgages not to apply Application of provisions to the High Seas Permit Register Transitional provision relating to controlled fisheries and marine farming Page 2 2 2 3 3 3 3 4 5 5 6 6 6 Regulations Title These regulations are the Fisheries (Transitional Provisions) Regulations (No 2) 2001.
Commencement These regulations come into force on 1 October 2001.

Application Regulations 6 to 9 apply during the period beginning on the date of commencement of these regulations and ending with the close of 1 October 2002.

Regulations 10 to 13 apply during the period beginning on the date of commencement of these regulations and ending with the close of 30 September 2002, except as otherwise provided in regulation 13(2).
r 1 (1) (2) 2 Reprinted as at 12 May 2011 Fisheries (Transitional Provisions) Regulations (No 2) 2001 r 7 Regulation 3(2): amended, on 11 July 2002, by regulation 3 of the Fisheries (Transitional Provisions) Regulations (No 2) 2001 Amendment Regulations 2002 (SR 2002/166).

4 (1) (2) 5 Expiry These regulations (other than regulations 10 to 13) expire at the close of 1 October 2002.

Regulations 10 to 13 expire at the close of 30 September 2002.
Interpretation In these regulations, unless the context otherwise requires,— 1983 Act means the Fisheries Act 1983 1996 Act means the Fisheries Act 1996 application period, in relation to any regulation in these regulations, means the period specified in regulation 3 during which the regulation applies.
Transitional period for registration of mortgages 6 Regulations to replace section 350 of 1996 Act during application period Regulations 7 to 9 have effect in place of section 350 of the 1996 Act during the application period.
Transitional period for registration of mortgages 7 (1) During the period beginning on the day after the date specified in subclause (2)(b) and ending with the close of 30 September 2002, a party to a mortgage over quota may, by application in the approved form accompanied by the prescribed fee (if any), apply to have the mortgage registered in the Quota Register on 1 October 2002 under sections 136 to 146 of the 1996 Act.
For the purposes of subclause (1), the chief executive must, by notice in the Gazette, specify— (a) (2) a person or class of persons to whom, and a place or places at which, applications may be made; and a date, which must be not less than 3 months before 1 October 2002, after which parties to mortgages may make applications for registration.
(b) 3 Fisheries (Transitional Provisions) Regulations (No 2) 2001 Reprinted as at 12 May 2011 Number of quota shares For the purposes of section 136(3) and (4) of the 1996 Act, the number of quota shares to be charged at the date and time of registration of the mortgage must be calculated as follows: (a) if the mortgage purports to charge all quota of a stock owned by the mortgagor, the mortgage registered charges the number of quota shares of that stock owned by the mortgagor at the date and time of registration of the mortgage under the 1996 Act that are not subject to any caveat or other mortgage registered under the 1996 Act: if the mortgage purports to charge a specified number of quota shares for a stock,— (i) if, at the time of registration, the number of quota shares owned by the mortgagor that are not sub- ject to any caveat or other mortgage registered under the 1996 Act, is equal to or greater than the number of quota shares specified, the mort- gage registered charges that specified number of quota shares: if, at the time of registration, the number of quota shares owned by the mortgagor that are not sub- ject to any caveat or other mortgage registered under the 1996 Act, is less than the number of quota shares specified, the mortgage registered charges that lesser number of shares: (ii) if the mortgage purports to charge a specified amount of quota for a stock (expressed in kilograms or whole oyster numbers), the chief executive must ascertain the number of quota shares that is the quota weight equiva- lent to that amount of quota at the time of registration of the mortgage under the 1996 Act, and— (i) if, at the time of registration, the number of quota shares owned by the mortgagor that are not sub- ject to any caveat or other mortgage registered under the 1996 Act, is equal to or greater than the number of quota shares ascertained by the chief the mortgage executive under this paragraph, (b) (c) r 8 8 4 Reprinted as at 12 May 2011 Fisheries (Transitional Provisions) Regulations (No 2) 2001 r 10
 (ii) registered charges that number of quota shares ascertained by the chief executive: if, at the time of registration, the number of quota shares owned by the mortgagor that are not sub- ject to any caveat or mortgage registered under the 1996 Act, is less than the number of quota shares ascertained by the chief executive under this paragraph, the mortgage registered charges that lesser number of shares.
9 (1) Registration of mortgages The chief executive must, on 1 October 2002, register in the Quota Register the mortgages in respect of which applications have been made in accordance with these regulations.

(2) Despite section 158 of the 1996 Act, but subject to section 136 of that Act, the chief executive must register mortgages under these regulations in the chronological order in which they were executed.
For the purposes of section 63 of the 1996 Act (and any regu- lations specifying the order in which the chief executive must action transactions specified in the regulations for the purposes of section 63), any mortgage to be registered under these regu- lations must be registered— (a) after the replacement of caveats under section 154 of the 1996 Act; and before the necessary adjustments to quota under section 22 or section 23 of the 1996 Act.
(b) (3) 10 Certain provisions concerning mortgages not to apply During the application period, unless the context otherwise requires,— (a) sections 127(1)(k), 136 to 146, 148(2)(b), and 170(1)(b) of the 1996 Act do not apply; and any reference in the 1996 Act or in any regulations made under that Act to those provisions (except these regula- tions) must be disregarded.
(b) 5 r 11 11 12 Fisheries (Transitional Provisions) Regulations (No 2) 2001 Reprinted as at 12 May 2011 Certain references relating to mortgages not to apply During the application period, unless the context otherwise requires,— (a) the definitions of mortgage, mortgagee, mortgagor, and paragraph (b) of the definition of transaction in section 2(1) of the 1996 Act do not apply; and any reference to the definitions specified in paragraph (a) that appears in the 1996 Act or any regulations made under that Act (except these regulations) must be disre- garded; and any reference to mortgaging or charging in the 1996 Act or any regulations made under that Act (except these regulations) must be disregarded.
(b) (c) Application of provisions to the High Seas Permit Register During the application period, unless the context otherwise requires,— (a) sections 98(1), 98(4), 98(5), 101A, and 102 of the 1996 Act do not apply to the High Seas Permit Register: any reference to the provisions specified in paragraph (a) that appears in the 1996 Act or any regulations made under that Act (except these regulations) must, in rela- tion to the High Seas Permit Register, be disregarded.
(b) 13 Transitional provision relating to controlled fisheries and marine farming (1) During the application period, repealed provisions in the 1983 Act containing references to anything in Part 3, Part 4A, or sec- tions 101A, 101B, 102A, 105AA, 105AB, 107AA, or 107DA of the 1983 Act (which relate to controlled fisheries and mar- ine farming) continue in force for the purpose of giving effect to those provisions of the Fisheries Act 1983 (relating to mar- ine farming and controlled fisheries) that remain in force.
(2) Despite subclause (1), Part 3 and section 102A of the 1983 Act (which relate to controlled fisheries) cease to be in force on the day on which section 314(1)(e) of the 1996 Act is brought into force in relation to the repeal of provisions of the Fisheries Act 1983 relating to controlled fisheries; and, on that day, the Coromandel scallop fishery (which was declared to be a con- 6 Reprinted as at 12 May 2011 Fisheries (Transitional Provisions) Regulations (No 2) 2001 r 13 trolled fishery by the Controlled Fisheries (Coromandel Scal- lop Fishery) Notice 1978) is to be treated as ceasing to be a controlled fishery for the purposes of the 1996 Act and the 1983 Act.
Regulation 13(2): inserted, on 11 July 2002, by regulation 4 of the Fisheries (Transitional Provisions) Regulations (No 2) 2001 Amendment Regulations 2002 (SR 2002/166).

Marie Shroff, Clerk of the Executive Council.

7 Explanatory note Fisheries (Transitional Provisions) Regulations (No 2) 2001 Reprinted as at 12 May 2011 Explanatory note This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 October 2001— • provide new transitional arrangements for the registration of mortgages under the Fisheries Act 1996, to facilitate the com- mencement of the remaining parts of that Act: make transitional arrangements relating to the High Seas Per- mit Register, to facilitate the commencement of the remaining parts of the Fisheries Act 1996: make transitional arrangements relating to controlled fisheries and marine farming under the Fisheries Act 1983.
• • Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 26 July 2001.

8 Reprinted as at 12 May 2011 Fisheries (Transitional Provisions) Regulations (No 2) 2001 Notes Contents 1 2 3 General About this eprint List of amendments incorporated in this eprint (most recent first) Notes 1 2 3 General This is an eprint of the Fisheries (Transitional Provisions) Regulations (No 2) 2001.
The eprint incorporates all the amendments to the regulations as at 12 May 2011.

The list of amendments at the end of these notes specifies all the amendments incorporated into this eprint since 3 September 2007.

Relevant provisions of any amending enactments that contain transitional, savings, or application provisions that cannot be compiled in the eprint are also included, after the principal enactment, in chronological order.

About this eprint For more in- This eprint has not been officialised.
formation about eprints and officialisation, please see http://www.pco.parliament.govt.nz/eprints/.

List of amendments incorporated in this eprint (most recent first) Regulatory Reform (Revocations) Order 2011 (SR 2011/99): clause 3 Fisheries (Transitional Provisions) Regulations (No 2) 2001 Amendment Regu- lations 2002 (SR 2002/166) Fisheries (Transitional Provisions) Regulations (No 2) 2001 (SR 2001/190): regulation 4(1) 9