May 22, 2020
A resource rental is a tax applied to the commercial use of natural resources. When the Quota Management System was introduced in 1986 quota holders were required to pay a resource rental on their annual catch of fish. The tax was terminated in 1994 and replaced with a user pays, levy based system. Over time […]
May 22, 2020
Currently, recreational fishing is controlled by daily bag limits, gear restrictions, closed areas and seasons. As fish stocks rebuild under Rescue Fish it is likely these controls and limits will need to be adjusted.
May 22, 2020
Abundance means having a healthy population of fish and sea life in marine waters. In terms of fish species, it means having a broad range of fish of different ages and sizes which all contribute to ecosystem function in different ways. Abundance means a more natural population of fish.
May 22, 2020
Rescue Fish is a policy alternative to the Quota Management System aimed at restoring fish abundance and marine diversity. Rescue Fish means more fish in the sea. Rescue Fish promotes mechanisms to enhance the social, economic and cultural well-being from the use of New Zealand’s fisheries.
May 22, 2020
Rescue Fish will benefit recreational fishing interests through more abundant fish stocks and a healthier marine environment. Rebuilding depleted fish stocks will make more fish available inshore, and help to support other marine creatures including birds and mammals. A healthy fish population means a broader range of fish inhabiting the marine environment, providing for ecosystem […]
May 22, 2020
LegaSea is a subsidiary of the New Zealand Sport Fishing Council. Together we have invested almost a million dollars in developing a viable alternative to the Quota Management System – the Rescue Fish policy.
May 22, 2020
The buy-back cost for inshore fish stocks is estimated to be between $0.76 and $3.1 billion, with a mid-point of $1.67 billion. The New Zealand Institute of Economic Research tested a range of scenarios and the buy-back cost varies depending if shares in just the inshore fish stocks are redeemed or all of the inshore […]
May 22, 2020
Under Rescue Fish the Government will pay fair market value to buy back all existing quota rights, including those held by Māori. Maori will be free to use the funds received from the buy back and invest it in fishing or other enterprises. Māori Treaty interests will be served in part by having co-governance of […]
May 22, 2020
Rescue Fish is an alternative to the depletion caused by the existing Quota Management System. It is an innovative policy that requires law reform, prioritising marine ecosystem function and the benefits that comes from having a healthy marine environment. Fish stocks need to be rebuilt and inshore waters need to be protected from trawling and […]
