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Applicants will need to provide certain information to receive an allocation of emission units. Clause 4 of the Draft Fishing Allocation Plan says that the following information must be supplied on the application form:
Out of 16 responses to these questions, 12 submitters thought there would be little difficulty providing this information and that the costs associated with providing the information would be low. The Seafood Industry Council provided a caveat around their response saying that they could not assess the cost or difficulty of providing supporting evidence in relation to proving a succession to a quota owner. One respondent didn’t know whether it would be difficult or costly to provide the information and three responses were inconclusive.
Officials have identified an additional issue around the provision of information when applying for an allocation of NZUs. The Government cannot require an eligible person to declare that their holding account is open.
Officials recommend that the requirement that the eligible person declare their holding account is open is removed from the final Fishing Allocation Plan.