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Quota Management System
New Zealand fishery management programme From Wikipedia, the free encyclopedia
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The Quota Management System (QMS) is a type of individual fishing quota that is used in New Zealand to manage fish stocks.
New Zealand fishing industry
Seafood is one of New Zealand's largest export markets, with 85% of catches being exported. Over 90% of the total revenue raised by the country's fishing industry comes from exported stocks, raising NZ$3 billion annually.[1] The most valuable species is the hoki, Macruronus novaezelandiae.[1]
For the purposes of QMS, New Zealand's exclusive economic zone (EEZ) is divided into ten quota management regions. A separate quota is defined for each species in each region, depending on the species' distributions, ranging from a single fishing quota market for the hoki to eleven for the abalone Haliotis iris.[1]
History
New Zealand is "the world leader in implementing IFQs".[1] QMS was introduced by the Fisheries Amendment Act 1986,[2] initially covering 26 marine species.[1] The following year, it covered 30 species, and by 2005, it covered 93 species,[1] out of the 140 commercial species in New Zealand's exclusive economic zone (EEZ).[2] These comprised 550 separate fishing quota markets.[1] QMS will eventually be extended to cover all living marine resources that are commercially exploited, including invertebrates, but excluding marine mammals.[1]
Total allowable commercial catch
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See also
References
External links
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