Document ID: chunk:federal_register_of_legislation:F2024C01053:front:0:p17
Version: federal_register_of_legislation:F2024C01053
Segment Type: other
Provision Reference: 
Character Range: 38757–41310

present there is no prescribed fee.
Note 4   A decision under subsection 26 (2) of the Act is subject to reconsideration under section 165 of the Act — see subsection 165 (2). Application may be made to the Administrative Review Tribunal for review of a decision under section 165 of the Act — see subsection 165 (7).
24 Availability of grants of boat SFRs
  For each permit mentioned in a paragraph of subsection 23 (2) that an eligible person held at the end of the notice period, a grant of 1 boat SFR is available to the person.
25 Availability of grants of SFRs to old minor line permit holders (Act s 23)
 (1) For each old minor line permit that an eligible person held at the end of the notice period, grants of the following SFRs are available to the person:
 (a) the number of striped marlin SFRs calculated in accordance with subsection (2);
 (b) the number of bigeye SFRs calculated in accordance with subsection (3);
 (c) the number of broadbill SFRs calculated in accordance with subsection (4);
 (d) the number of yellowfin SFRs calculated in accordance with subsection (5).
 (2) For paragraph (1) (a), the number of striped marlin SFRs is:

 (3) For paragraph (1) (b), the number of bigeye SFRs is:
where:
CH (or catch history) is:
M:F (or minor line – fishery ratio) is:
RPV (or relative permit value) is:
 (a) 0.001215; or
 (b) if the sequence of old minor line permits applied only to the old Southern Tuna and Billfish Fishery or only to the old Western Tuna and Billfish Fishery — 0.000911.
 (4) For paragraph (1) (c), the number of broadbill SFRs is:
where:
CH is:
M:F has the meaning given in subsection (3).
RPV has the meaning given in subsection (3).
 (5) For paragraph (1) (d), the number of yellowfin SFRs is:
where:
CH is:
M:F has the meaning given in subsection (3).
RPV has the meaning given in subsection (3).
Note   The last in a sequence of old minor line permits or old longline permits is held by an eligible person at the end of the notice period: see section 20A.
26 Availability of grants of SFRs to old longline permit holders (Act s 23)
 (1) For each old longline permit that an eligible person held at the end of the notice period, grants of the following SFRs are available to the person:
 (a) the number of striped marlin SFRs calculated in accordance with subsection (2);
 (b) the number of bigeye SFRs calculated in accordance with subsection (3);
 (c) the number of broadbill SFRs calculated in accordance with subsection (4);
 (d) the number of yellowfin SFRs calculated in accordance with subsection (5).