You will need this licence if you intend to commercially fish for demersal or bottom-dwelling fish in the Timor Reef area in the Northern Territory. There are 15 licences currently issued for the area.
This licence is quota based, and proof of purchase of the quota is required before this licence can be issued. This licence is non-transferable, but the quota is transferable. Commercial fishers can buy, sell and lease individual transferable quota.