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Ministerial Decree No. 612 regarding contracts on allocation of shares of quotas for aquatic biological resources.

Country/Territory
Russian Federation
Document type
Regulation
Date
2008
Source
FAO, FAOLEX
Subject
Fisheries
Keyword
Inland fisheries Marine fisheries Foreign fishing Allocation/quota Contract/agreement Fishery management and conservation
Geographical area
Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific
Abstract

This Ministerial Decree establishes the modalities of elaboration and conclusion of contracts on allocation of shares of quotas for aquatic biological resources for which total allowable catch is applicable and also for aquatic biological resources species allocated to the Russian Federation by international agreements. Shares pf quotas shall be allocated to legal persons of individual entrepreneurs through tenders established for sale of quotas for industrial and coastal fisheries. The period of validity of contract shall be 10 years. Annex 1 contains the form of contract for the allocation of shares of quotas for the fisheries of aquatic biological resources.

Full text
Russian
Website
base.consultant.ru