Document ID: chunk:federal_register_of_legislation:C2024C00591:section:31g
Version: federal_register_of_legislation:C2024C00591
Segment Type: section
Provision Reference: s 31G
Character Range: 113819–115213

31G  Claims of interests in statutory fishing rights options
 (1) If a person lodges with AFMA a notice, in the form approved by AFMA:
 (a) stating that a dealing of a kind referred to in subsection 31F(1) that is described in the statement has taken place; and
 (b) claiming that, if the dealing were registered, the person would have an interest in a statutory fishing rights option; and
 (c) setting out particulars of the interest; and
 (d) requesting AFMA to register the claim;
AFMA must register the claim by entering in the register the person's name and particulars of the interest claimed.
 (2) If, after the registration of a claim to an interest in a statutory fishing rights option, the claimant, by notice lodged with AFMA in the form approved by AFMA, withdraws the claim, AFMA must cancel the registration by omitting from the register the entry relating to the claim.
 (3) If:
 (a) a claim to an interest in a statutory fishing rights option is registered; and
 (b) an application is made to AFMA for registration of a dealing in respect of the option;
AFMA must not register the dealing unless:
 (c) AFMA has given written notice of the application to the person whose name appears in the register in relation to the claim; and
 (d) either:
 (i) the person has withdrawn the claim under subsection (2); or
 (ii) 21 days have elapsed since the notice was given to the person.