"Everything's fine for this year," Mr Collard said earlier this week.
"The 2013 tournament will start on February 26, and all the prizes will be won. It could be a different story next year though."
The issues would need to be sorted out by no later than May, he added. Organising the tournament was a year-long job, and the contest would be in jeopardy if the issues were not resolved by then.
"I have to say I'm a little apprehensive," Mr Collard said, "but the contest has been running for 35 years, with no change to the format.
"We've paid tax, we've paid GST, and we've formed a society to disburse any surplus revenue, if there is any, to worthy causes after each competition, but that doesn't seem to be good enough.
"We recognised that this community was in danger of losing an important event when the Snapper Classic fell over, and that there would be no getting it back if someone didn't do something. Financially our goal has never been more than to keep the contest going and to cover the cost of the time we put into organising it. We are not doing this to fill our own pockets, or anyone else's."
Legal advice had supported the rationale of the society including people with experience of running the tournament, and some progress had been made. The department had, for example, accepted the cost of having surf rescue teams on the beach throughout the contest, initially regarded as excessive, conceding that the safety of competitors was non-negotiable, but the problem as Mr Collard saw it was that people with no knowledge of fishing competitions were trying to impose ridiculous rules.
The society's lawyer had pointed out to Internal Affairs that the proposed rules were submitted in October last year. Amendments were made on November 7 and the society was then incorporated.
"When all this started they didn't even know this was a five-day contest," Mr Stewart said.
"They don't understand that it takes us all year to organise it, and 10 days full-time before, during and after the competition.
"There's a lot that they don't seem to know, but we'll have to see how it pans out over the next few months."