Fishing and Related Industries Compensation (Marine Reserves) Act 1997. Country/Territory Australia Territorial subdivision Western Australia Document type Legislation Date 1997 (2015) Source FAO, FAOLEX Long titleAn Act to provide for the payment of compensation to holders of leases, licences and permits under the Fish Resources Management Act 1994 and Pearling Act 1990 on account of the effect of marine nature reserves and marine parks constituted under the Conservation and Land Management Act 1984, and for related matters, and to make consequential amendments to the Fish Resources Management Act 1994 and the Fisheries Adjustment Schemes Act 1987. Subject Fisheries Keyword Authorization/permit Marine fisheries Marine protected areas Subsidy/incentive Geographical area Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific Entry into force notes This Act enters into force on 2 December 1997. Abstract This Act establishes a scheme for the provision of compensation to holders of leases, licences and permits who have suffered a loss as a result of the bringing into existence of protected areas. Full text English Website www7.austlii.edu.au References - Legislation Implemented by Fishing and Related Industries Compensation (Marine Reserves) Regulations 1998. Legislation | Australia | 1998 (2004) Keyword: Liability/compensation, Fishery management and conservation, Marine protected areas Source: FAO, FAOLEX