Decision ID: 000996

In February 1999 the 1992 Fund Executive Committee noted that the 1971 Fund Executive Committee had at its 60th (February 1999) session instructed the Director to study the admissibility of claims relating to subsistence fishing (ie fishing carried out by individual fishermen mainly for the purpose of providing food for their families) in consultation with the Funds’ experts and the Food and Agriculture Organization (FAO), and to consider whether guidelines on the admissibility of such claims should be developed. It was noted that the 1971 Fund Executive Committee had considered that, since it had only been able to make a preliminary examination of the various issues, further discussions would be required at future sessions and that these should be co-ordinated with the discussions within the 1992 Fund. The Chairman of the 1992 Fund Executive Committee drew attention to the fact that the Assemblies of the 1971 Fund and 1992 Fund had taken the position that the two Organisations should endeavour to apply the same criteria for the admissibility of claims for compensation and that this issue would have to be considered within the 1992 Fund at a later stage in co-ordination with the discussions within the 1971 Fund.

Date: 01.02.1999
Category: Pure economic loss (fisheries and mariculture)
Subject: Subsistence fishing