This area is mostly the same as the Timor Box but the lower boundary has been raised from 12 30' South up to 11 South. These are licences which were held by Timor Reef Fishery licensees prior to the 3 rd February 1995. You will then be issued with an unrestricted licence. These are licences which have been through the two for one process. Permanent transfer of these licences is available on a one for one basis.
Temporary transfer is also available with an unrestricted licence.
A Timor Reef Fishery licensee is also required to hold a Demersal Fishery licence before operating in the Fishery. This explanation covers the various ways access to the Fishery may be gained and the regulations which apply. Under the new regulations for the Timor Reef Fishery, transferability will be allowed on a two for one basis. The two for one will apply to restricted Timor Reef Fishery licences. In exchange you will be issued an unrestricted Timor Reef Fishery licence which you are then free to transfer permanently or temporarily.