Article 5 Licence terms, duration of licences and tolls
England, Wales and Scotland
(1)
Schedule 2 (terms which may be attached to a licence) has effect.
(2)
The duration of a licence must not be longer than one year from the date on which it is issued.
(3)
The grantee may not issue a licence to a person until that person has paid a toll.
(4)
Where a licence is to be valid for one year, the toll is £992.
(5)
Where a licence is to be valid for less than one year, the toll is calculated pro rata based on the duration of the licence in relation to the duration of time the fishery is open in the year in question.