Document ID: chunk:federal_register_of_legislation:F2024C00948:reg:28
Version: federal_register_of_legislation:F2024C00948
Segment Type: reg
Provision Reference: reg 28
Character Range: 41327–42018

28  Certain persons not to be placed on precedence list
 (1) If:
 (a) an eligible person has tendered; and
 (b) either the bid is less than the reserve price or is invalid;
then the person is not to be recorded on the precedence list.
Note: A grant of a fishing right is made to persons on the precedence list only (see section 29 of the Act).
 (2) For a person who, under subsection (1), is not recorded on the precedence list, the tender manager must record:
 (a) the person's name; and
 (b) the reason why the person is not recorded on the precedence list.
 (3) The fact that a person is not placed on the precedence list does not affect the person's registration as an eligible person.