Extract from Lords debate on Brexit: Fisheries (EUC Report) - Jan 16

Tuesday, 17 January 2017 07:18

Viscount Ridley (Con):...I want to touch on two examples of good practice from around the world that emphasise individual as opposed to national quotas. The first is the Falklands, which fortunately has something to do with this country, where the squid fishery was a free for all from 1986; by 2007, it was decided to impose individually transferable quotas, whereby each vessel bought a proportion of a total quota and was able to transfer it through sale. Since it was a...Request free trial