Part 1Preliminary1Short titleThis regulation may be cited as the Fisheries Legislation (Spanish Mackerel) Amendment Regulation 2026.2CommencementThis regulation commences on 1 February 2026.Part 2Amendment of Fisheries (Commercial Fisheries) Regulation 20193Regulation amendedThis part amends the Fisheries (Commercial Fisheries) Regulation 2019.4Amendment of s 86 (Entitlement under SM unit)(1)Section 86(4), definition total quota entitlement, ‘spanish mackerel fishery’—omit, insert—spanish mackerel commercial fishery(2)Section 86—insert—Note—For the SM year starting on 1 July 2025, see section 181.5Amendment of s 119 (Entitlement of transferee)Section 119(4), ‘Subsection (4)’—omit, insert—Subsection (3)6Insertion of new ch 7, pt 4Chapter 7—insert—Part 4Transitional provision for Fisheries Legislation (Spanish Mackerel) Amendment Regulation 2026181Application of increased total quota entitlement for 2025–2026 SM year(1) This section applies to each SM unit held by the holder of an SM licence on 1 February 2026.(2) The holder’s entitlement under the SM unit for the SM year starting on 1 July 2025 must be worked out under section 86 using the increased total quota entitlement for spanish mackerel.Example—The total number of SM units that have been issued is 577,984. The increased total quota entitlement for spanish mackerel for the SM year starting on 1 July 2025 is 250t.Under subsection (2), the entitlement under each SM unit held by the holder of an SM licence on 1 February 2026 for the SM year is 0.43253792492kg, being 250t divided by 577,984. If the holder holds 1,000 SM units on 1 February 2026, the holder’s total entitlement under the SM units is 432.53792492kg, being 1,000 times 0.43253792492kg.(3)In this section—increased total quota entitlement, for spanish mackerel, means the total quota entitlement for spanish mackerel for the SM year starting on 1 July 2025, as increased by the Fisheries Legislation (Spanish Mackerel) Amendment Regulation 2026.total quota entitlement, for spanish mackerel, for an SM year, means the total quota entitlement stated for spanish mackerel in the quota declaration for the spanish mackerel commercial fishery for the SM year.Part 3Amendment of Fisheries Quota Declaration 20197Declaration amendedThis part amends the Fisheries Quota Declaration 2019.8Insertion of new s 5After section 4—insert—5Transitional provision for Fisheries Legislation (Spanish Mackerel) Amendment Regulation 2026The total quota entitlement for the spanish mackerel commercial fishery for spanish mackerel, as increased by the Fisheries Legislation (Spanish Mackerel) Amendment Regulation 2026, applies for—

(a)the SM year starting on 1 July 2025; and

(b)a subsequent SM year.

Note—See the Fisheries (Commercial Fisheries) Regulation 2019, section 181 for working out a holder’s entitlement under SM units for the SM year starting on 1 July 2025 using the increased total quota entitlement.9Amendment of sch 1 (Total quota entitlements)(1)Schedule 1, part 4, entry for spanish mackerel fishery—omit, insert—Spanish mackerel commercial fisheryColumn 1—fishColumn 2—amountspanish mackerel250t(2)Schedule 1, part 4, entry for reef line fishery, ‘Reef line fishery’—omit, insert—Reef line commercial fishery