Document ID: chunk:federal_register_of_legislation:F2024C01232:reg:8:p1
Version: federal_register_of_legislation:F2024C01232
Segment Type: reg
Provision Reference: reg 8 (pt 1/3)
Character Range: 3631–6450

8  Amount of levy
 (1) This section applies for the purposes of subsection 6(1) of the Levy Act.

Licences—grant
 (2) The amount of levy imposed on the grant of a licence prescribed by section 7 to a person is $1,347.73 plus $13.30 for each unit of fishing capacity prescribed by section 6 allocated to the person in respect of the licence.

Licences—renewal
 (3) The amount of levy imposed on the renewal of a licence prescribed by section 7 to a person is $1,347.73 plus $13.30 for each unit of fishing capacity prescribed by section 6 to be held by the person in respect of the renewed licence.

Units of fishing capacity—allocation
 (4) The amount of levy imposed on the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $13.30 for each unit of fishing capacity allocated.

Units of fishing capacity—renewal of allocation
 (5) The amount of levy imposed on the renewal of the allocation of a unit of fishing capacity prescribed by section 6 (other than a unit of fishing capacity referred to in subsection (2) or (3) of this section) is $13.30 for each unit of fishing capacity the allocation of which is renewed.
Note: See section 7 of the Levy Act for the person who is liable to pay the levy.

Endnotes

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