News story: Changes to the assessment economic link conditions

image_pdfimage_print

All UK fishing licences contain a condition that requires vessels to demonstrate a genuine economic link with the UK. The economic link condition applies to landings of quota species and is assessed on a yearly basis.

From 1 May 2018 we will be changing the current assessment period of 1 April to 31 March to 01 January to 31 December (the ‘calendar year’). This is to bring the assessment period in line with the yearly monitoring of quota uptake and to help those vessel owners who are required to comply with this condition to manage their quota for the year.

This change will also ensure that the English inshore fleet will benefit earlier in the year from quota donations made in fulfillment of the economic link condition. This gives the English fleet a greater opportunity to use the quota in what can be seasonal fisheries.

The way in which vessel owners must demonstrate an economic link with the UK will not be changed and are listed below by:

  • landing over 50% by weight of their catch (which are subject to EU quotas) into UK, Channel Islands and Isle of Man ports.
  • demonstrating that at least 50% of the total crew man days at sea were accounted for by crew normally resident in UK coastal areas.
  • providing proof that routine expenditure in the UK on goods and services for the vessel was equal to either: i) 50% of the value of quota stocks landed net of crew wages, or ii) 50% of the vessel’s total operating expenditure for the year, net of crew wages.
  • donating quota to the English under-10m fleet equivalent to a value representing 10% of the value of catch landed overseas.
  • any combination of the above methods agreed by the MMO.

The change to the assessment period is not expected to affect the ability of vessel owners to comply with the economic link condition.

Leave a Reply

Your email address will not be published.