delete Continental Shelf (Living Natural Resources) Regulations
Regulation governing the management of living natural resources (primarily fisheries) on Australia's continental shelf, establishing licensing requirements, catch quotas, and conservation measures to ensure sustainable exploitation.
Imposes costly licensing, quotas, and reporting requirements that restrict supply, raise consumer prices, and stifle innovation; sustainable outcomes achievable with far lower burden through market-based property rights (e.g., individual transferable quotas) and industry co-management, avoiding central planning's inefficiencies and unintended consequences.