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Minister for the Environment and Heritage
Senator the Hon. Ian Campbell
28 October 2004
Multiple fishing licence holders affected by the rezoning of the Great Barrier Reef will now have the option of selling some of their licences and applying for business restructuring assistance for their remaining licences.
The Minister for the Environment and Heritage, Senator Ian Campbell, said the changes to the Australian Government's Structural Adjustment Package would make it equitable for all fishing operators.
"Operators who hold multiple licences will now be able to tender one or more licences in the buy-out process and also seek business restructuring assistance for those licences they retain where they can demonstrate they have been negatively impacted by the rezoning," he said.
Senator Campbell said a fisherman who sold a licence through the buy-out process could not also claim assistance to restructure the part of their business related to that licence.
He said the amended package would increase the options for fishing operators holding multiple licences with different business partners.
He said the level of business restructuring assistance available to multiple licence holders who also surrendered licences through the buy-out would be capped at a maximum $500,000 irrespective of the number of licences held.
Senator Campbell said the deadline for submission of tenders would be extended to 15 November 2004 in order to ensure multiple licence holders had sufficient time to get advice and submit tenders.
Updated guidelines will be published on the Queensland Rural Adjustment Authority website ( www.qraa.qld.gov.au ) and mailed directly to multiple licence holders by QRAA.