You will need this licence to fish commercially for Commonwealth managed species within the Australian Fishing Zone. Permits specify:
- the area of operation
- the boat being used
- permissible fishing methods
- species taken.
The Australian Fishing Zone generally extends 200 nautical miles outward from the coast of Australia.
At present, there are no additional fishing permits being granted, but most permits may be transferred to another person, or another boat may be nominated in substitution for the original boat while the permit is current.
A Statutory Fishing Right is required to fish in any of the major fishery zones of Australia; these are sold at auction to the highest bidder.