Marine Living Resources Act, 1998 (Act No. 18 of 1998)

Chapter 3 : Management of Marine Living Resources

Purchase

The Council may, subject to restrictions determined by the Minister—

(a)	lease commercial fishing rights;

(b)	determine the price to be paid by lessees of rights;

(c)	determine the conditions applicable to leases granted in terms of this section, which conditions shall govern the circumstances under which the lease may be revoked, cancelled, suspended or altered; and

(d)	assist in the development and capacity building of persons from historically disadvantaged sectors of society and small and medium size enterprises.