Fisheries Management (Aquaculture) Regulation 2007.

This Regulation implements the Fisheries Management Act 1994 by providing specifications on several matters related to aquaculture. In particular, it includes provisions dealing with the following: (a) the classification of, applications for, and issue of aquaculture permits, (b) the contributions payable by permit holders for administrative costs and research, (c) financial arrangements to be entered into by certain permit holders to provide security for the due performance of their payment obligations under the Act, (d) the maintenance of a trust account in relation to contributions payable by certain permit holders, (e) the classification of, applications for, and issue of aquaculture leases, (f) the rent payable under aquaculture leases, (g) the subletting, transferring and transmission of aquaculture leases, (h) the surrender, consolidation and subdivision of aquaculture leases, (i) requirements relating to leased areas, boat channels and access ways, (j) the declaration and notification of diseased fish and marine vegetation, (k) the marking of containers of shellfish and other aquaculture products for sale, (l) the gathering or collection of marine vegetation for commercial purposes. The Regulation is completed by two schedules: provisions relating to members and procedure of committees and forms.