Changes Proposed For Deemed Value Of Fish

Changes Proposed For Deemed Value Of Fish

Under the system, commercial fishers who catch fish outside of their quota allowance can sell it but must pay a fee called deemed value.

Government to revamp over-quota fish charges

The Government is moving to overhaul how commercial fishers are charged for fish caught outside their quota, with changes aimed at better reflecting the actual value of fish depending on how it is landed. Oceans and Fisheries Minister Shane Jones said the current deemed value system — which allows fishers to sell over-quota catch while paying a fee — does not work fairly for all operators. Under existing rules, deemed value rates are set uniform…