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Resolution No. 12 of 1996 defining the sharing of companies and persons in incomes of Fish Wealth Research Finance Fund.

Country/Territory
Oman
Document type
Regulation
Date
1996
Source
FAO, FAOLEX
Subject
Fisheries
Keyword
Access right Allocation/quota Aquatic animals Internal trade Marine fisheries Royalties/fees Special fund Total allowable catch Fishing charge Fishery management and conservation
Geographical area
Asia, Indian Ocean, Middle East, Near East and North Africa, Western Asia
Entry into force notes
This Resolution enters into force on the date of its publication.
Abstract

This Resolution is composed of 3 articles. Article 1 defines the sharing of companies, private establishments and persons operating in fishery field in incomes of Fish Wealth Research Finance Fund as the following: companies and private establishments operating in the commerce fishing shall share 1,5% of the total allowable catch; authorized companies and establishments for living aquatic resources handling and processing shall share OR (25) annually in projects with costs less than OR (1000), and with OR (50) for projects with costs from OR (1000)to up; and authorized companies, establishments and persons for the circulation and transport of living aquatic resources shall share 10% of the value of licence fees. The taxes and fees provided for in the precedent article shall be paid in the pre-fixed date (art. 2).

Full text
Arabic