commiss decis june loan purchas fish quota shetland island unit kingdom notifi document number english text authent text eea relev ec commiss european commun regard treati establish european commun subparagraph articl regard council regul ec march lai detail rule applic articl ec treati articl thereof invit interest parti submit comment accord subparagraph articl ec treati procedur februari commiss inform member european parliament scheme hereinaft scheme relat purchas fish quota author shetland island involv letter march commiss request unit kingdom author provid inform scheme remind unit kingdom author provid respons letter date august commiss request inform letter septemb april june unit kingdom author inform letter march octob decemb commiss inform unit kingdom letter novemb decis initi relat scheme formal investig procedur provid articl ec treati mutual agreement extend deadlin respons confirm unit kingdom author commiss letter decemb unit kingdom provid comment case letter februari march commiss decis initi formal investig procedur publish offici journal european commun februari commiss invit interest parti provid observ case comment receiv scottish fishermen organis letter februari march mr sheryl murrai torpoint cornwal letter march aberdeen fish produc organis letter march shetland develop trust letter march accord articl council regul ec comment receiv forward unit kingdom author enabl inform commiss comment observ unit kingdom author repli letter substanc issu rais dealt previou repli letter august commiss request document refer made letter march shetland develop trust document receiv august ii fact unit kingdom nation fish quota alloc group fishermen quot sector quot made fish produc organis po behalf member vessel metr ii quot sector quot compris fishermen vessel metr member produc organis iii quot metr fleet quot quota alloc annual group basi track record catch level vessel period track record base catch made fish vessel year immedi preced quota year januari track record base period system quot fix quota alloc quot fqa fqa unit repres kg track record unit respect annual quota alloc track record fqa unit sold vessel condit situat specif unit kingdom netherland system individu transfer quota place fish quota track record give access transfer system market track record develop unit kingdom buyer fishermen po track record base catch made fish vessel longer recalcul year fishermen oblig fish quota track record entitl track record year fulli partli fishermen po fishermen po bought track record allow context shetland author decid set scheme unit kingdom author quota purchas scheme establish order ring fenc quota benefit fish vessel fisheri depend area shetland island ow escal cost shetland fleet great difficulti find sourc commerci financ purchas quota quota intang asset secur bodi involv scheme shetland island council sic shetland develop trust sdt discretionari trust sdt set foster econom develop shetland oper fund sic truste councillor sic independ truste princip sourc fund reserv fund establish oper sic reserv fund fund surplu revenu council harbour undertak shetland leas properti slap commerci limit compani oper profit compani share wholli own shetland island council charit trust sicct truste councillor sic person fund trust origin oil compani shetland fish produc organis sfpo produc organis defin commun legisl quota purchas scheme oper manner assist slap purchas track record sdt procur loan gbp million slap rate interest equal return requir slap sfpo leas quota fishermen averag purchas made year track record acquir cost total gbp million agreement date septemb slap sfpo agreement sfpo act behalf slap acquisit rental track record agreement statement quot sfpo submit slap time time notif track record quota sfpo consid suitabl sfpo acquir slap behalf quot point quot payment purchas price acquisit behalf slap relev track record ownership track record vest slap sfpo assign slap titl interest track record absolut vest absolut slap extent track record fail vest effect slap aforesaid sfpo hold trust properti trust benefit slap quot point quot sfpo entitl manag fee rental incom receiv quot point quot sfpo leas track record part pursuant rental agreement term approv slap leas track record enter parti member sfpo po quot point quot determin track record leas sfpo observ order prioriti enter rental agreement prefer person partnership compani newli establish activ oper fish industri shetland person partnership establish fish industri shetland ii prefer person partnership compani activ oper fish vessel regist port letter shetland iii person partnership compani establish activ oper fish industri shetland prefer po quot point quot sfpo endeavour obtain rental incom minimum net return deduct manag fee par annum payment made slap quot point scheme sfpo manag track record entitl charg extra meet run cost averag minimum rental return achiev letter octob unit kingdom author inform commiss decis adopt meet sfpo board januari rental cost replac sfpo member addit levi normal membership levi normal membership levi vessel gross earn addit levi begin scheme increas octob addit levi depend quantiti quota leas vessel quota alloc respect track record acquir scheme rate appli vessel track record progress reduc rate appli vessel incomplet track record incomplet track record measur refer normal track record membership criteria unit kingdom author track record acquir scheme gbp million minimum return slap obtain leas quota vessel membership sfpo minimum return obtain ground formal investig procedur commiss consid loan grant sdt slap bui track record made preferenti term due fact vessel owner borrow monei term track record secur addit oper scheme effect lower rental cost quota alloc respect track record acquir compar normal leas cost normal market condit system addit levi condit offer vessel membership sfpo preferenti condit offer member vessel ground commiss consid scheme result econom advantag fish undertak benefit scheme set assess light guidelin examin state aid fisheri aquacultur commiss consid quota track record natur durabl good bought theori longer end calendar year aid purchas appear aid relat oper cost run vessel benefit oper cost fisheri sector allow specif circumst exist case aid compat common market addit commiss consid scheme consid scheme implement member industri permiss point guidelin effect ring fenc track record let market forc work protect context industri face contribut attain object common fisheri polici iii observ parti scottish fishermen organis sfo scottish fishermen organis sfo welcom commiss decis initi formal investig procedur opinion scheme natur discriminatori contrari rule govern state aid consid scheme fund local author produc organis commerci financ provid bank fund purchas track record intang asset asset base local produc organis justifi lend gbp million sfo approach commerci financi institut monei purchas quota mortgag asset effect remov monei work capit clear local author shetland put local fishermen econom advantag posit sfo intervent shetland author caus cost quota escal develop market quota believ provis request rental incom minimum net return annum legal bind commit industri gbp million loan interest free eventu written sfo maintain scheme design outset benefit shetland fishermen enquiri made mainland fishermen join shetland produc organis dai vessel outwith shetland island admit sfo clear indic loan made benefit shetland fishermen addit quota leas fishermen outwith shetland made prevail market rate higher rate requir achiev return real sens fishermen outwith shetland subsidis shetland fishermen pai higher price help shetland organis achiev return figur expens competit case cod sfpo purchas cod quota price rang gbp gbp tonn leas price higher gbp suffici meet return criteria comparison normal price paid leas cod year gbp tonn averag price region gbp tonn distort competit return requir fish leas consider lower mainland britain due absenc commerci consider scheme aid reduc oper cost vessel particip sfo state scheme led consider expans fish capac shetland fleet aberdeen fish produc organis afpo letter afpo explain consid inform commiss experi relat quota market understand situat fishermen interest sell quota entitl contact shetland po matter member offer afpo opportun purchas north sea west coast quota entitl basi annual payment interest afpo financ accept offer dai quota entitl sold shetland addit afpo relat meet local citi council ask preferenti loan enabl purchas quota entitl advis assist breach commun rule mr sherryl murrai torpoint cornwal mr murrai member cornwal counti council mention similar scheme discuss council januari opinion unit kingdom manag quota wish problem allow local author fund safeguard local commun fish industri make comment fix product opportun unit kingdom vessel contrari common organis market fisheri product scheme contrari common organis shetland develop trust sdt letter sdt inform bodi involv scheme statu object function sdt establish order appli fund invest local industri moni fund reserv fund establish earli reserv fund receiv surplu fund harbour undertak sullom voe profit object trust assist local busi shetland island sdt trust scot law public trust sens discharg public author function potenti beneficiari geograph link shetland island privat sourc fund oblig account privat beneficiari parti independ discretionari natur activ trust commerci loan sdt slap purchas quota privat transact state aid implic sdt refer recent decis adopt commiss director gener agricultur consid similar fund oper orknei island council regard privat contribut sicct sole sharehold slap creat function receiv hold behalf shetland commun disturb receipt oil industri agre pai voluntari basi payment structur run initi period august payment ceas date letter assert sicct charit public trust case sdt term quot public trust quot understood sens trust fulfil function public author indic potenti beneficiari geograph link shetland island sdt letter refer project approv european region develop fund erdf highland island object programm fund slap consid privat contribut addit explanatori leaflet enclos sicct letter prepar scottish execut facilit implement council regul eec decemb commun measur improv adapt structur fisheri aquacultur grant loan sicct count nation grant mean regard privat contribut iv comment unit kingdom repli date februari unit kingdom forward comment made sdt letter scottish execut date januari appendic attach letter includ document attach unit kingdom author letter commiss octob repli date march unit kingdom comment consid comment interest parti refer invit appear offici journal februari comment shetland develop trust sdt sdt emphasis invest fund commerci rate commerci quota purchas scheme develop slap main purpos obtain commerci return slap whilst time allow fish fleet access quota commerci rate scheme favour local fishermen requir pai commerci return slap document attach letter sdt describ scheme work case vessel membership sfpo system extra levi addit normal membership levi case document includ spreadsheet compar financi implic vessel vessel rent entir quota shetland prevail market rate obtain quota sfpo levi system show vessel levi system pai slightli annum market place rent quota comparison made metr seiner trawler member sfpo track record lodg sfpo turnov gbp comparison show vessel paid annum levi system rent fish open market sdt view isol case leas tonn haddock juli english po septemb sfpo run short speci introduc tight quota member case shetland fishermen disadvantag comparison british fishermen comment unit kingdom unit kingdom contend sdt regard privat bodi disput suggest posit councillor sic officio truste sdt result assimil action sdt action public bodi unit kingdom sdt initi scheme assum consid set state aid scheme unit kingdom note commerci lend purchas fish quota time incept scheme copi enclos comment letter march royal bank scotland sfpo interest rate applic borrow sfpo novemb end year bank base lend rate loan agreement sdt slap borrow rate conclud novemb base interest unit kingdom maintain aid element includ loan grant sdt slap novemb unit kingdom attach tabl compar quota rental cost vessel subject direct bill vessel subject percentag turnov charg exampl metr wooden seiner trawler metr steel twin rigger metr steel trawler conclud presumpt favour vessel subject charg percentag turnov fact figur show paid slightli annum levi system rent quota market unit kingdom acknowledg exist separ charg system made difficult assess preferenti treatment accord sfpo member sfpo step introduc system sfpo vessel charg method appli po vessel price tonn basi addit unit kingdom contend rental charg repres preferenti treatment compar price charg lender quota period scheme distort threaten distort competit fall scope articl treati unit kingdom cost quota leas publish time time fish new consid standard measur cost leas quota rate publish infrequ true reflect volatil market unit kingdom consid order commiss conclud trade member state exist affect fish opportun fish constitut trade commod trade unit kingdom fish opportun definit member state scheme fall scope articl treati unit kingdom track record quota entitl consid asset commerci lender track record purchas secur track record includ annual account vessel perman transfer quota regard unit kingdom custom excis capit item purpos capit gain tax relat rollov relief unit kingdom consid commiss view fqa unit raw product misplac repres year year variabl level fish quota fqa unit remain perman share fish opportun basi aid grant consid oper aid analog invest aid unit kingdom suggest aid consid case case basi line section guidelin scheme result bui pool track record time decreas fish stock pool consid rationalis quota result made market price exist fishermen catch entitl erod decreas fish stock develop viabl fish enterpris assur scheme acceler adapt industri situat face limit market intervent simpli result smaller fishermen continu busi heavili fisheri depend area altern econom activ exist equal consid consist socioeconom dimens common fisheri polici requir articl treati final commiss adopt neg decis unit kingdom willing amend scheme requir ensur futur complianc urg commiss refrain attempt recoveri fishermen benefit scheme assess exist state aid articl ec treati quot save provid treati aid grant member state state resourc form whatsoev distort threaten distort competit favour undertak product good affect trade member state incompat common market quot condit satisfi order class measur state aid measur provid advantag undertak benefit aid grant state state resourc distort threaten distort competit favour undertak final affect trade member state advantag beneficiari scheme set unit kingdom shetland fleet great difficulti find sourc commerci fund due escal cost quota track record acquir enabl vessel shetland fleet fish quota entitl sight scheme enabl vessel increas product condit aid exist intervent result favour beneficiari form intervent presumpt scheme correspond aid system fishermen quota rent aid exist scheme confer advantag fishermen unit kingdom inform provid sdt unit kingdom author exist separ charg system lead preferenti condit favour fishermen membership sfpo commiss consid figur inform accur case metr seiner trawler quot sdt paid gbp leas quota market paid gbp addit levi system amount calcul quota speci global quantiti tonn leas price gbp tonn haddock gbp tonn white gbp tonn cod gbp tonn saith gbp tonn monkfish gbp tonn quot quot global quantiti tonn vessel fish year normal copi invoic address vessel membership sfpo quota leas appear real leas price approxim time higher metr seiner trawler gbp tonn haddock april gbp gbp tonn haddock june juli gbp tonn monkfish juli price quot fish new compar level gbp tonn haddock april gbp tonn cod june juli gbp tonn monkfish juli figur provid accur show vessel membership sfpo paid leas quota addit levi system paid market price unit kingdom contend fact show real leas price account multipli price vessel membership sfpo pai outwith sfpo leas quota metr seiner trawler membership sfpo cost gbp gbp excess cost leas addit levi system gbp critic appli figur quot unit kingdom spreadsheet vessel requir quota tonn speci compar financi implic rent quota shetland prevail market rate obtain sfpo levi system leas price quot inaccur case haddock leas price accur lower abovement price gbp tonn price reliabl gbp tonn cod gbp tonn saith gbp tonn white gbp tonn monkfish gbp tonn mix speci figur quot tabl enclos unit kingdom letter march inaccur rental leas price gbp tonn haddock gbp tonn cod gbp tonn white gbp tonn monkfish gbp tonn quot quot inaccuraci figur provid unit kingdom fail provid proof advantag exist favour fishermen obtain quota addit levi system contrari lack proof suggest advantag fishermen exist exist advantag confirm fact unit kingdom author letter march sfpo produc minimum requir return slap leas quota vessel membership sfpo leas quota result sfpo obtain incom account quota leas addit levi system vessel membership effect scheme aid exist year favour vessel membership sfpo year approxim minimum provid quota leas vessel membership sfpo order condit offer membership sfpo preferenti proport quota acquir scheme leas sfpo membership proport leas membership commiss proport quota leas vessel membership sfpo proport leas vessel membership scheme set aim provid quota sfpo vessel commiss assum proport leas sfpo vessel aid exist favour year fishermen benefit scheme fishermen borrow monei bui track record enabl fish quota entitl track record acquir enabl increas product condit scheme select charact confer advantag fishermen preliminari examin commiss rais doubt compat scheme common market rate loan grant sdt slap purchas track record refer notic method set refer discount rate unit kingdom refer rate year inform commiss time track record secur commiss consid premium ad rate compar commiss assum aid exist purchas track record inform provid interest rate appli royal bank scotland purchas bank base lend rate take consider fact market track record begin commiss accept rate entail state aid advantag slap sfpo act slap behalf acquisit track record state resourc unit kingdom contend sdt regard privat bodi prove state aid articl treati state aid exist grant state state resourc state aid exist aid measur implement bodi categoris privat commiss examin natur privat public sdt origin resourc effect field competit enabl class measur state aid measur scheme set sdt procur loan gbp million slap sdt fund reserv fund establish shetland island council sic reserv fund fund agreement conclud juli sic oil compani harbour facil sullom voe agreement state fee paid compani quot respect import crude oil compens disturb caus quot agreement sic provid jetti structur harbour facil arbitr claus case disput parti agreement date march sic compani deal provis jetti mainten agreement compar agreement conclud undertak sic agre quot provid jetti structur harbour facil quot claus return fee paid oil compani articl treati prejudic rule member state govern system properti ownership public author act privat compani sight deal manag harbour facil sic regard act privat compani incom earn privat incom hand commiss observ thing fee receiv agreement correspond quot compens disturb quot disturb caus shetland commun overlap agreement deal question jetti document commiss disclos overlap work commiss observ agreement unit kingdom transmiss august quot disturb agreement quot agreement specif relat disturb caus oil compani correspond statement made unit kingdom letter march quot oil compani relat disturb island resourc brought appli charit gift shetland island council quot point receiv moni directli relat disturb caus shetland island popul effect suppli servic harbour facil sic act privat compani oper normal market condit act gener interest popul affect disturb agreement show moni receiv consid true gift popul agreement provis relat payment fee review arbitr case disput provis show commit pai sum return characteris voluntari contribut renegoti agreement agreement result negoti parti upheld interest payment made agreement consid true gift agreement class voluntari agreement sens result goodwil part oil compani counti shetland inhabit moni consid privat monei public monei regard state resourc purpos articl ec treati addit truste trust involv scheme sdt sicct parent trust slap councillor sic truste councillor councillor act truste officio fact nomin sic mean exercis domin influenc trust slap fund dispos set indic show decis oper scheme regard requir public author clear forego resourc scheme consid attribut state state resourc purpos articl treati find undermin fact slap fund consid privat contribut project approv european region develop fund erdf highland island object programm slap limit compani fact refer erdf document preclud commiss assum slap fund state resourc articl treati prejudic rule member state govern system properti ownership slap consid make privat contribut project act privat investor oper normal market economi condit question address case concern origin fund owner behav privat investor find scheme fund state resourc call question indic explanatori leaflet date implement council regul decemb sicct fund quot nation grant quot consid privat fund commiss knowledg leaflet case erdf slap assum sicct fund state resourc distort threat distort competit quota fish enterpris benefit scheme reinforc posit regard fish enterpris regist unit kingdom member state enabl land sell product benefit quota implement scheme affect competit condit right fish product sold commun market track record acquir concern fish speci cod haddock saith white speci cover common organis market fisheri aquacultur sector scheme affect competit commun market addit comment made scottish fishermen organis suggest intervent shetland author set scheme trigger escal cost quota unit kingdom author counter statement impact trade member state impact trade assess regard fish opportun unit kingdom contend aid scheme assess relat effect trade commun scheme assess regard effect trade product concern product fisheri sector product enter competit fisheri product offici unit kingdom sea fisheri statist trade fisheri product unit kingdom member state signific land slightli tonn year export fish fish product amount tonn includ tonn member state import fish fish prepar tonn includ tonn member state figur show import trade fish product unit kingdom member state scheme reinforc posit beneficiari fish enterpris comparison fish enterpris regard affect scheme allow beneficiari fish enterpris maintain share market competitor seiz trade shetland fleet produc member state affect conclus criteria class scheme state aid measur fishermen purpos articl ec treati met scheme concern fisheri sector examin guidelin examin state aid fisheri aquacultur hereinaft quot guidelin quot point current guidelin examin guidelin forc time grant aid examin guidelin contrari state state aid loan grant sdt purchas track record compat common market commiss doubt compat scheme common market base assumpt quota track record natur durabl good aid grant scheme appear aid relat oper cost aid kind principl compat common market accept justif provid commiss rais doubt scheme repli unit kingdom quot perman transfer quota regard custom excis capit item purpos capit gain tax relat rollov relief quot offici declar free trade track record appear unit kingdom author offici recognis track record acquir asset arguabl commiss adopt approach purchas track record invest correct classif commiss discuss regard fishermen period rental quota longer year rental repres case oper cost aid effect amount rental oper aid point fourth indent dash guidelin aid relat oper cost oblig impos recipi incompat common market aid scheme directli link restructur plan consid compat common market scheme link restructur plan defin commun guidelin state aid rescu restructur firm difficulti consid compat common market addit unit kingdom author scheme pool track record consid rationalis develop viabl fish enterpris context decreas fish stock pool concern sfpo consid beneficiari current analysi argument relev assess aid scheme fishermen recoveri aid articl regul neg decis case unlaw aid commiss decid member state concern measur recov aid beneficiari commiss requir recoveri aid contrari gener principl commun law principl protect legitim expect gener principl commun law commiss consid present case principl preclud recoveri reason link action decis commiss relat commun structur fund context regul commiss decis state aid specif circumst case legitim expect privat natur fund question creat combin number event fact unit kingdom govern commiss consist act conclud fund privat fund point view rule govern commun structur fund legal speak automat link issu led reason assumpt part nation author fishermen grant fund fall rule state aid creat legitim expect respect explanatori leaflet scottish execut implement council regul eec commun measur improv adapt structur fisheri aquacultur grant loan shetland island council charit trust sicct count nation grant justifi conclus regard privat contribut european region develop fund erdf highland island object programm fund shetland leas properti slap wholli own sicct regard privat contribut close link orknei shetland shetland island author awar fact parallel orknei reserv fund state aid case consid practic unit kingdom author commiss privat natur make permiss provid privat financ contribut context financ european agricultur guidanc guarante fund eaggf commiss consid element creat legitim expect part shetland author bodi involv part fishermen assum privat fund involv fund provid financ commun structur fund view wrongli assum state aid rule treati appli legal speak automat link issu ground basi articl council regul principl protect legitim expect gener principl commun law recoveri aid fishermen benefit requir determin decis fund involv consid state resourc state aid rule scheme oper aid exist year year benefit fishermen annual quota leas addit levi system aid compat common market put end aim provis lead preferenti rent condit repeal replac provis show rent made normal market condit case vessel membership time ensur arrang sfpo benefit state aid vi conclus commiss find unit kingdom implement breach articl ec treati aid scheme entitl quot loan purchas fish quota shetland island quot light assess made paragraph commiss consid aid scheme compat common market extent concern rent quota vessel membership sfpo contrari commiss consid state aid involv loan made sdt slap adopt decis articl aid scheme entitl quot loan purchas fish quota shetland island quot implement unit kingdom compat common market unit kingdom abolish aid scheme refer paragraph articl unit kingdom inform commiss period month receipt decis measur compli articl decis address unit kingdom great britain northern ireland brussel june commiss franz fischler member commiss oj oj council regul eec decemb common organis market fisheri aquacultur product oj regul replac regul decemb oj oj oj recit recit appendix letter sdt letter unit kingdom date februari appendix letter fact price quot fish new invoic compar show quot fish new consid refer contrari unit kingdom author claim point appendix letter sdt letter unit kingdom date februari oj recit recit quot claus gener agreement set fee paid respect import crude oil shetland pipelin compens disturb caus claus review parti recognis payment set agreement agre fair equit light circumst present anticip parti includ circumst termin intend practic import crude oil pipelin shetland futur chang circumst materi alter financi econom effect parti arrang meet renegoti part agreement affect good faith order restor parti affect origin posit event parti fail reach agreement matter disput refer arbitr accord claus hereof claus arbitr disput parti touch construct mean effect agreement right liabil parti hereund matter aris connect therewith refer arbit agre parti default agreement nomin applic parti presid time law societi scotland refer deem refer arbitr mean provis arbitr scotland act statutori modif enact thereof time forc claus applic law construct valid perform agreement govern scot law quot recit recit council regul eec decemb commun measur improv adapt structur fisheri aquacultur sector oj regul replac council regul ec decemb oj time set scheme common organis market regul council regul ec decemb oj replac januari council regul ec decemb oj recit recit websit http www defra gov uk oj footnot recit oj council regul ec june lai gener provis structur fund oj