New legislation allows the Province to maintain a registry of terminated aquaculture sites for potential reallocation to another operator.
Before a site is entered into the registry, the site must first undergo a performance review as described in the Aquaculture Licence and Lease Regulations.
If the site passes the review, the site will be entered into the Registry and offered to other operators through a competitive Call for Proposals. Proposals will be judged according to established criteria. A successful proponent will have the exclusive right to apply for the site.
The site can only be used for the purpose for which it was originally approved.
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