Quota Management Control
The Quota Management System (QMS) lies behind New Zealand’s reputation as the world’s leader in sustainable fisheries management. New Zealand’s 200 mile Exclusive Economic Zone (EEZ) has been divided into ten fisheries management areas (FMAs). For each species in the Quota Management System (QMS), quota management areas (QMAs) have been established to provide for effective sustainable management, with each QMA comprising one or more FMAs depending on the geographical distribution of each fish stock.
The QMS was introduced in 1986, with the aim to conserve major fisheries’ stocks and help make the seafood industry more efficient. Individuals or companies are allocated the right to catch certain quantities of particular species. Also, since 1986 individual transfer quota (ITQ) were allocated for all main inshore and deep water fisheries. Today 98 species or groups of species are managed as 633 separate fish stocks under the QMS. Quotas can be leased, bought, sold or transferred.
Some components of the QMS are reviewed annually, including the Total Allowable Commercial Catches (TACCs), deemed values, Government levies and conversion factors. These annual adjustments, and the increasingly complex nature of the QMS, result in the need for accurate and up-to-date technical information on the QMS for the use by both commercial operators and the fisheries administrators.
Source – “The Atlas of Area Codes and TACCs 2012/2013