Shareholders wishing to consolidate their businesses or exit the industry can make an application by 1 December 2017 to transfer or surrender all shares from their fishing business, have the fishing business number cancelled and receive the $20,000 fishing business buyout payment, less any outstanding debt owed to the Department.
Estuary General mud crab trapping, eel trapping and trapping endorsement holders are now able to use one additional trap for each additional ten shares of the same share class held in a Fishing Business above 125 shares.
Permits that apply fishery-wide are available here.
Fishers are encouraged to carefully read and understand the permit conditions.
Visit the frequently asked questions page for more information regarding the Adjustment Subsidy Program.