Registered third party interests

Third parties can register interest in a fishing licence. This can include any type of interest in the licence. A new form must be completed for each third party interest application.

Registered third party interest holders have certain rights.

• Licence transfers cannot be granted without consent of all registered interest holders.
• Interest holders must be notified if there are prosecution proceedings in respect to the licence under the Fisheries Management Act 2007. Licences can be suspended or cancelled if registered third party interest holders are not notified.
• Interest holders must give consent if a licence is being surrendered.

Consent of a third party interest holder is not required when the licence holder:

• transfers a registered device
• relinquishes a registered device and does not re-register it.