Re: Fisheries Bill ...
Originally Posted by
Donkeyman
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How many times must you be told Solly!
Quotas only last for a year and have to be renewed annualy
The uk fishers that sold their quotas had to apply each year to
renew them in order to sell them again! Or that was what should
have happened anyway !!
The quotas ars only rented for a year at a time by the fishers and
NEVER belong to them !!
As you will soon find out??
Donkeyman! 👍👍😁😁👍👍
Each year, the International Council for the Exploration of the Sea (ICES), an international scientific body founded in 1902,*and the EU’s Scientific, Technical and Economic Council for Fisheries make a recommendation as to an appropriate TAC for each stock.*Total Allowable Catch (TAC) for each stock of fish is determined each year.
So far donks, you are right, but:
While the EU’s total TAC figure changes from one year to the next, the share of the TAC each member state gets does not. This is due to the principle of ‘relative stability’, according to which each member state receives a fixed share based on how much of the stock concerned it was fishing during a reference period between 1973 and 1978.*
Each member state has discretion as to how it allocates that share among fishers. While some member states allocate quota based on socioeconomic and regional development considerations, the UK has opted to treat quota allocations as quasi-property rights that can be bought, sold and leased out. This has led to a significant concentration of quota allocations: Greenpeace calculated in 2018 that over a quarter of UK quota rights were held by just five families.[1]*
UK quotas can also be sold to non-UK companies. The UK also allows fishers to sell their vessels*and the attached quota on to others, including non-UK nationals – for example, over 90% of the UK’s quota for herring in certain parts of the North Sea is held by vessels owned by EU companies.
https://www.instituteforgovernment.o...ship-fisheries