The purpose of the scheme is to restore balance between fleet capacity and available quotas following the quota reductions arising from the Trade and Cooperation Agreement (TCA), ensuring the profitability of the fleet.
The scheme aims to support fleet segment impacted by:
The reduction in quotas for 2021 to 2026 arising from the Trade and Cooperation Agreement. The Scheme aims to mitigate losses associated with certain stocks included in Annex FISH.1 and FISH.2 of the TCA.
Difficulties in accessing UK waters or third country waters due to Brexit.
The scheme will support vessels in the polyvalent and beam trawl segments to permanently cease all fishing activity, thus increasing the quota available for remaining vessels.
While vessels in the polyvalent and beam trawl fleets may fish quota species impacted by the TCA quota reductions and are thus negatively impacted by the TCA, the scheme will target applications by vessels most active in fishing such quota species as their voluntarily removal from the fleet will most contribute to restoring fleet balance and to increasing the amount of quota available to vessels remaining in the fleet.
Who is Eligible
The scheme is open to licence holders of fishing vessels that:
Are registered on the Irish sea-fishing boat register in the polyvalent or beam trawl segments and holding a valid sea-fishing boat license issued by the Licensing Authority for Sea-Fishing boats at the time the decision is taken to grant the withdrawal premium and which vessels are 10 years or more in age at the time of application, and
Have carried out at least 90 days of fishing activity at sea per year either during 2020 and 2021 or during the calendar years 2018 and 2019.
Vessels that were granted capacity under the 2001 Lost at Sea Scheme may also apply. However, as the capacity associated with such vessels is non-transferable and cannot not be sold or traded, applications from the owners of such vessels will be subject to special conditions regarding the level of payment.
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