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Order No. 420 on subsidy for the remordernization of fishing vessels and equipment.

Country/Territory
Denmark
Document type
Regulation
Date
2011
Source
FAO, FAOLEX
Subject
Fisheries
Keyword
Fishery management and conservation Fishing gear/fishing method Fishing vessel Subsidy/incentive
Geographical area
Europe, Europe and Central Asia, European Union Countries, North Sea, North-East Atlantic, Northern Europe
Entry into force notes
This Order enters into force on 11 May 2011.
Abstract

The Order sets rules on subsidy and investments for the modernization of fishing vessels and fishing gear in order to promote environmentally and economically sustainable fishery activities. Application for obtaining such subsidies must be submitted to the Danish Agri-Fish Agency, which is the sole responsible entity administering these operations. Subsidy may reach up to 40% of the projected investment and may be suspended in case of force majeure (Fishing vessel accidents, applicant’s death or applicant’s long-term incapacity of operation).

Full text
Danish
Website
www.retsinfo.dk

References - Legislation

Implements

Fishery Development and Aquaculture Act (No. 1552 of 2006).

Legislation | Denmark | 2006

Keyword: Fishery management and conservation, Subsidy/incentive, Aquaculture, Ecological production/organic production, Internal trade

Source: FAO, FAOLEX

Repealed by

Order No. 989 on subsidy for the remordernization of fishing vessels and equipment.

Legislation | Denmark | 2012

Keyword: Fishery management and conservation, Fishing gear/fishing method, Fishing vessel, Subsidy/incentive

Source: FAO, FAOLEX