Fisheries Act, 1980

Sale by Minister of certain fisheries, fishing rights and businesses.

45.—(1) The Minister may, with the consent of the Minister for Finance, sell (otherwise than to the Central Board) any fishery or fishing right vested in him, whether in pursuance of section 40 or 41 of this Act or otherwise, and also the goodwill and stock in trade and other assets of any business (being a business ancillary or incidental to the operation of a fishery) carried on by him at such price as he may with the concurrence of the Minister for Finance think proper.

(2) Any moneys received on a sale under this section shall be paid into or disposed of for the benefit of the Exchequer in such manner as the Minister for Finance may direct.