(1)  The number of rock lobster quota units held on a licence is to be at least one and not more than 120.

(2)  The holder of a fishing licence (rock lobster) must not –

(a) hold more than 200 rock lobster quota units at any one time; or

(b) receive any payment, financial advantage or benefit in kind from more than 200 rock lobster quota units.

Penalty:  Grade 3 penalty.