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.