A quota unit holder owns a portion of the fishery. There are 3500 units in total.
There are in total 3500 quota units, of which 3460 are held by 545 unit holders. The State Government owns 40 extra units.
Of the 545 quota unit holders, which can be a natural person or a legal entity, such as a family trust or a super fund, 400 own less than 5 units. It is very much a “mum and dad” industry.
TACL presently represents 3009 units, held by 498 unit holders.