Document ID: chunk:federal_register_of_legislation:F2024C01047:body:0:p14
Version: federal_register_of_legislation:F2024C01047
Segment Type: other
Provision Reference: 
Character Range: 32148–34620

became available.
 (2) For paragraph (1) (a), a person who tenders the amount required by paragraph (1) (b) within the specified time is also taken to have made a request for the grant.
Note 1   AFMA must grant a statutory fishing right for the taking of Patagonian toothfish in a sector of the fishery area to a person if the person has been ranked highest on the precedence list prepared for the grant of the statutory fishing right by tender.
Note 2   Sections 28 and 29 of the Act describe the preparation of a precedence list.
Note 3   AFMA proposes to offer all available statutory fishing rights, that are to be made available by tender, for tender at the same time. If the highest bidder has bid for less than all the available statutory fishing rights, the next highest bidder will be entitled to the number of remaining rights that he or she has bid for, and so on — see sections 28 and 29 of the Act.
Note 4   Subsection 30 (2) of the Act provides that if payment is not received within 30 days the grant ceases to be available to the person and the grant then becomes available to the next person on the precedence list.
20 Certificate showing grant (Act s 22 (2))
 (1) AFMA must note the following details on the certificate for a statutory fishing right:
 (a) the name of the person to whom the right is granted;
 (b) a description of the right;
 (d) the conditions to which the right is subject.
 (2) A certificate may show the grant of more than 1 statutory fishing right to a person.
 (3) AFMA must give to a person to whom a statutory fishing right is granted an extract of the Register:
 (a) that states the conditions to which the right is subject; and
 (b) that is signed for AFMA by a person having authority to sign it.
Note   Section 45 of the Act provides that AFMA must enter certain information in the Register for each statutory fishing right that it grants, including such particulars as are prescribed.
Division 4.3 Nomination of boat
21 Nomination of boat
  AFMA must not register a boat as the nominated boat for a person if:
 (a) the person holds less than 51% of the statutory fishing rights in the fishery, and another boat is registered as the nominated boat for the person; or
 (b) the person holds 51% or more, but less than 76.5%, of the statutory fishing rights in the fishery, and 2 other boats are registered as nominated boats for the person; or
 (c) the person holds 76.5% or more of the statutory fishing rights in the fishery,