Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section is about the holder of a fishing permit transferring the permit to another person.
(2) The holder of the fishing permit must apply to AFMA, in the approved form, to register the transfer.
(3) The transfer takes effect when AFMA registers the transfer.
(4) AFMA must register the transfer unless:
(a) the fishing permit is suspended under section 38; or
(b) the holder of the fishing permit:
(i) is being investigated for a fisheries offence; or
(ii) has been convicted of a fisheries offence; or
(c) a levy on the fishing permit that is due has not been paid; or
(d) other circumstances that are prescribed under the regulations exist.
(5) Subsection (4) applies despite the fact that a requirement in a plan of management relating to the transfer has not been satisfied.
(6) This section does not apply to a fishing permit that is stated to be non - transferable.