Determination of quota fees and rate of interest payable on late payments: Marine Resources Act, 2000 (No. 159 of 2017).

This Notice of the Minister of Fisheries and Marine Resources, made in terms of section 61 read with section 51 of the Marine Resources Act, determines the fees payable in respect of the harvesting of marine resources as set out in the Schedule (payable by a person to whom quota is allocated under section 39(3) of the Act must, in respect of any of the marine resources mentioned below, pay in respect of every kilo of the marine resource so allocated. The interest payable for late payment of fees payable in terms of this notice is 12% per annum of the accrued late payment.