Decision ID: 000262

In June 1993 the 1971 Fund Executive Committee considered a claim by the owner of a salmon farm located outside the exclusion zone established by the United Kingdom Government and by three fish processors, claiming for losses as a result of a reduction in sales and a reduction in sales price due to a general depression in the market for fish from Shetland waters as a result of the incident. The Committee decided that it would not necessarily be required that the contamination had affected the fish of the individual claimant, but that the claimant would have to show that the contamination had affected the area where he carried out his activities, and that as a result he could not sell his produce or could sell it only at a lower price than if the contamination had not occurred. The Committee authorised the Director to make final settlements of claims falling within this category, which fulfilled these requirements.

Date: 31.05.1993
Categories: Compensation payments, Pure economic loss (fisheries and mariculture)
Subjects: Authorisation to settle claims, Admissibility criteria, Loss of income due to loss of confidence of buyers/consumers of marine products, Sales price reduction