EXPLANATORY STATEMENT
STATUTORY RULES 1986 No. 236
Issued by the Authority of the Minister for Primary Industry
FISHERIES LEVY (SOUTHERN BLUEFIN TUNA FISHERY) REGULATIONS (AMENDMENT)
The amendment strikes the rate of levy for the 1986/87 southern bluefin tuna season at $49.54 per unit of fishing capacity, an increase of $8.39 per unit on the rate for the 1985/86 season. The reasons for the increase are a higher estimated cost base attributable to the industry for managing the fishery during that season and an increase in the level of recovery, from 38% to 44% of that estimated cost.