26 Limitation of fishing licences

26  Limitation of fishing licences

(1)     [Subject to this] [section, the appropriate agency may] [in relation to any such area or areas as are specified in the order,] by order confirmed by [the appropriate national authority]—

(a)     limit for a period not exceeding ten years from the coming into operation of the order the number of fishing licences [of any description to be issued pursuant to section 25 above in any year in relation to that area or those areas]; and

(b)     provide for the selection of the applicants to whom such licences are to be issued where the number of applications exceeds the number of licences which may be granted.

[(1A)     The [appropriate agency] may only make an order under subsection

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