Quota trading service
The QTS facilitates quota entitlement transfers between consenting parties in the following fisheries:
- Abalone fishery
- Blue Crab fishery
- Lakes and Coorong fishery
- Marine Scalefish fishery
- Rock Lobster fishery
- Sardine fishery
- Vongole fishery.
PIRSA’s role in transferring quota entitlements is primarily regulatory. The service supports this by providing a platform for secure and transparent transfers, without engaging in the commercial aspects of transactions.
Public listings
The QTS displays the public listings of quota entitlements. You can:
- create a public listing so other licence holders can make an offer on your quota entitlements
- make an offer to the respective seller, which they can either accept or decline.
Private listings
You can send a private offer to transfer quota to a specific licence holder, registered agent or broker, or industry consultant.
Only the buyer and seller can see the details associated with the listing – it won't be publicly visible on the QTS.
Industry consultants and brokers
Registered industry consultants or brokers can use the QTS to facilitate regulatory transfer of quota entitlements, on behalf of licence holders. Brokers offer commercial advantages such as:
- contractual arrangements to clearly outline the transaction and protect the interests of all parties
- compliance with state and national regulatory requirements
- escrow arrangements for transactions, with security for PIRSA transfers
- statements and invoices to comply with ATO and GST requirements
- holding liability insurance for brokerage services related to fishery asset transactions.
More information
See Quota Trading Service help for more information.