Decision ID: 003258

In March 1993 the 1971 Fund Executive Committee noted that the Director intended to submit for consideration at a later session claims for compensation in respect of damage caused to the 1992 and 1993 salmon intake, if any, as well as in respect of claims ralating to the long term effects of the Braer incident for the salmon farms, if any. It was also noted that it might be necessary to take a decison in respect of the 1992 intake within the next few months. For this reason, the Committee authorised the Director to take the necessary decisions in this regard, including entering into agreements with the salmon farmers on the method of calculating the compensation in respect of that intake, if appropriate.

Category: Pure economic loss (fisheries and mariculture)
Subjects: Loss of income from fishing due to contamination of fishing grounds or imposition of fishing bans, Specific claims considered by the governing bodies