Document ID: chunk:federal_register_of_legislation:F2025C00075:reg:25
Version: federal_register_of_legislation:F2025C00075
Segment Type: reg
Provision Reference: reg 25
Character Range: 36495–37135

25  Application to register a temporary transfer of unused quota units for a fishing season
 (1) A person who holds unused quota units for a fishing season (whether or not by way of a temporary transfer) may apply to AFMA to register a temporary transfer of some or all of the unused quota units to another person (who must not be a trust or a trustee of a trust).
 (2) An application under subsection (1) must be in the approved form.
 (3) A transfer has no effect until it is registered under section 26.
 (4) To avoid doubt, subsection (1) does not require the TSRA to transfer unused quota units to individual traditional inhabitants.