Decision ID: 000479

In October 1995 the 1971 Fund Executive Committee decided that the Fund should not pay compensation for on-going losses due to reduced catches sustained by the owners of four small fishing vessels by way of a lump sum, but should maintain its policy of assessing and compensating such losses as and when they arose.

Date: 30.09.1995
Categories: Pure economic loss (fisheries and mariculture), Consequential economic loss
Subjects: Loss of income due to reduction in wild fish and shellfish stocks, Loss of income due to reduction in wild fish and shellfish stocks

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