Fisheries (Amendment) Act 1997

Ownership of stock.

76

76. (1) For the removal of doubt, it is hereby provided that the ownership of any fish or aquatic plants of a species specified in a licence and which are cultivated or farmed in accordance with that licence vests in the licensee.

(2) Nothing in subsection (1) prevents a licensee from transferring or otherwise disposing of the ownership of any fish or aquatic plants referred to in that subsection.