commiss decis june orknei island council track record scheme notifi document number english text authent 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 involv purchas quota orknei island council oic hereinaft quot oic scheme quot quota acquir rent fishermen letter date march commiss request unit kingdom author hereinaft quot uk author quot provid inform scheme remind uk author provid respons letter date august commiss request inform letter date septemb april june uk author inform letter date march march respons letter date june receiv meet held uk author commiss offic octob commiss inform unit kingdom letter date novemb decis initi relat oic scheme formal investig procedur provid articl ec treati mutual agreement extend deadlin respons confirm uk author commiss letter date decemb unit kingdom provid comment case letter date februari februari letter date august commiss request document refer made repli uk author date februari receiv august 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 date march mr sheryl murrai torpoint cornwal letter date march aberdeen fish produc organis letter date march accord articl regul ec letter forward uk author enabl inform commiss comment observ uk author repli letter date substanc issu rais dealt previou repli 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 po bought track record allow context orknei author decid set scheme question uk author oic scheme set orknei fleet unabl borrow monei commerci sourc bui track record bodi involv oic scheme orknei island council oic shetland fish produc organis sfpo produc organis defin commun legisl orknei fisheri associ ofa unincorpor associ oic scheme oper manner fund purchas track record reserv fund establish oic moni fund number sourc surplu incom oic harbour due fee relat oil termin payment made oil compani parti make harbour harbour relat facil orknei island oic enter agreement date decemb sfpo act proper holder track record agreement statement quot notwithstand track record held sfpo track record vest oic sfpo assign oic titl interest track record vest absolut oic extent track record fail vest effect oic aforesaid sfpo hold trust properti trust benefit oic quot point quot period agreement sfpo year make quota utilis oic quot point agreement date decemb oic ofa manag acquisit track record benefit acquir track record agreement statement quot ofa submit time time notif track record ofa consid suitabl oic acquir quot point quot oic wish quota leas elig vessel achiev maximum utilis quota ofa collect rental therefrom ofa remit oic balanc rental deduct manag fee quot point quot elig vessel vessel regist licens british fish vessel membership ofa relat crew member resid orknei quot point quot ofa reason endeavour negoti rental agreement rental market rental prevail ofa reason endeavour obtain net rental respect quota deduct manag fee repres return oic annum acquisit cost rel track record period rental agreement longer year quot point quot ofa direct sfpo transfer quota lesse quot point quot oic entitl rental payabl rental agreement ofa collect rental lesse remit oic sum claus ofa collect sum lesse quot point inform uk author letter date august track record acquir cost gbp million purchas plan oic scheme letter date march vessel benefit scheme member ofa ground formal investig procedur orknei fleet unabl borrow commerci sourc purchas track record oic scheme enabl obtain quota entitl time bank prepar provid loan oic inject fresh capit enabl purchas fresh capit invest public bodi circumst accept privat investor commiss posit public capit inject case state aid commiss receiv copi rental agreement request check agreement fix normal market condit state aid involv rental agreement oic 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 aid compat common market addit commiss consid oic scheme consid scheme implement member industri permiss point guidelin effect ringfenc 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 oic scheme natur discriminatori contrari rule govern state aid consid scheme fund local author commerci financ provid bank fund purchas track record intang asset asset base local fishermen associ justifi lend gbp million sfo approach commerci financi institut monei purchas quota mortgag asset effect remov monei work capit clear local author orknei put local fishermen econom advantag posit sfo intervent orknei author caus cost quota escal develop market quota believ minimum net rate return bind commit industri gbp million loan interest free eventu written addit sfo maintain oic scheme design outset benefit orknei fishermen ceas member origin produc organis aberdeen fish produc organis set local po membership restrict orknei fishermen condit offer vessel membership ofa rent quota preferenti condit prevail outwith orknei sfo cite case cod think orknei fishermen purchas quota price rang gbp gbp tonn meet return criterion leas price maximum gbp suffic comparison year price paid leas cod mainland britain gbp tonn averag price gbp tonn final sfo think assist afford orknei fishermen benefit term oper expens leas expenditur oper cost cost item vessel balanc sheet oic scheme aid vessel particip consider expans fish capac orknei fleet practic applic scheme disadvantag fishermen mainland britain rest commun aberdeen fish produc organis afpo afpo orknei vessel membership understood verbal inform attract orknei vessel establish local po quota entitl acquir made kind arrang afpo submit object scottish execut creation po small bodi result unnecessari duplic financi contribut abovement vessel seldom land orknei scottish execut repli orknei fish produc organis met criteria offici recognit recognit fisheri import part orknei economi afpo mention ask local citi council year ago preferenti loan enabl purchas quota entitl advis assist breach commun rule mr sheryl 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 comment fix product opportun uk vessel contrari common organis market fisheri product scheme contrari common organis iv comment unit kingdom repli date februari unit kingdom forward comment made orknei island council oic letter scottish execut date januari repli date februari unit kingdom comment equal consid comment interest parti refer invit appear offici journal februari comment oic preambl comment oic express concern european commiss fit investig matter notwithstand fact quot deem consent quot procedur carri compli uk author oic question accuraci fqa market price quot fish new point market emerg valu quot reli determin reason long term return volatil market recent valuat shown variat price respect track record absenc reliabl indic proceed assess reason return make reliabl altern indic rate commerci lender stock market return govern stock oic exampl invest lower return obtain temporari loan return call month month loan reserv fund invest portfolio return capit gain loss year oic refer orknei counti council act authoris exercis harbour jurisdict section council set reserv fund revenu harbour undertak exce monei expend reserv fund creat quot purpos opinion council sole interest counti inhabit quot reserv fund fund council complianc statutori oblig replac public sector contribut account separ remain distinct account council oic refer commiss document quot competit law european commun volum iib explan rule applic state aid quot state page quot basi court judgement measur origin directli indirectli state confer advantag specif firm fall scope articl articl impos extra burden state budget quot refer made judgement court justic european commun case netherland van tiggel ecr join case sloman neptun bodo ziesem ecr oic receiv rate return invest incept scheme date agreement intend year reserv adjust rate return order ensur rate commerci rental agreement finalis lengthi process requir undertaken respect commiss consent term honour true scheme set orknei fleet unabl borrow commerci sourc council awar commerci lend secur track record commerci return product assist attract sustain fish fleet orknei opinion oic leas track record grant fund secur track record wide undertak involv oic scheme benefit commerci oic believ scheme fall articl ground aid select affect balanc undertak receipt aid undertak membership ofa restrict undertak member state subject residenti registr requir orknei requir compli undertak resid commun benefit singl member state oic opinion catch orknei fleet avail scheme land scotland consum local market scotland oper scheme distort competit member state comment unit kingdom unit kingdom highlight fact amount purchas track record gbp million provid orknei island council oil reserv fund orf fund result voluntari agreement oil compani activ orknei area contribut orf compulsori fund consid tax revenu state resourc meet council statutori oblig replac public sector contribut account separ refer judgement court justic european commun case cite recit join case cite recit case kirsamm hack sidal ecr unit kingdom maintain scheme fail meet kei test establish exist aid unit kingdom basi comparison actual rate return achiev estim made commerci quota let agent interquo differ margin toler accept commerci practic rate return achiev scheme paid sfpo cover administr cost estim made interquo suggest return invest leas quota commerci quota leas market rate aid produc exist oic scheme distort threaten distort competit cost quota leas publish fish new unit kingdom contend rate publish infrequ provid basi true assess volatil market unit kingdom maintain involv oic administr orf constitut direct supervis state payment orf manag benefit commun altern administr council altern arrang trust difficult appli practic small popul island unit kingdom point commiss accept contribut made orf consid privat contribut context expenditur european agricultur guidanc guarante fund eaggf payment made case repres state expenditur direct bodi act eman state unit kingdom contend oic assum payment consid state aid legitim expect part council statu orf fact similar scheme previous establish commun commiss consid state aid unit kingdom contend trade member state unaffect fishermen oper artifici constrain market suppli fish caught commun vessel regul commun legisl quota importantli quota alloc member state arrang manag quota matter member state trade uk quota definit member state trade affect fish opportun fish constitut trade commod opinion unit kingdom aid consid oper aid aid implement industri commiss preliminari examin track record quota entitl consid asset notwithstand uk polici posit intent creat quot free trade quot situat fqa scope perman transfer quota formal recognis adjust regist fqa hold secur purchas quota origin provid vessel commerci lender chang posit consid track record purchas secur letter royal bank scotland attach evid track record includ annual account vessel perman transfer quota regard uk custom excis capit item purpos capit gain tax relat rollov relief unit kingdom challeng commiss view fqa unit quot raw product quot theori longer end year fqa unit repres year year variabl level fish quota remain perman share fish opportun aid exist consid oper aid analog invest aid invest aid address guidelin consid case case basi line section compat assess regard object common fisheri polici unit kingdom refer guidelin state aid protect effect promot rationalis effici product market encourag adapt industri refer ec treati assign common fisheri polici common agricultur polici task ensur fair standard live commun increas individu earn assur avail suppli articl oic scheme result bui pool track record time decreas stock pool consid rationalis develop viabl fish enterpris context decreas fish stock eros catch entitl scheme result smaller fishermen continu busi heavili fisheri depend area altern econom activ exist equal consist socioeconom dimens common fisheri polici requir articl ec treati final commiss adopt neg decis unit kingdom willing amend scheme requir ensur futur complianc rule urg commiss refrain attempt recoveri fishermen benefit scheme assess exist state aid articl ec treati quot av 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 oic scheme set orknei vessel owner unabl borrow monei bui track record uk author letter date august scheme result provid quota sfpo quota rent vessel owner dispos aid exist intervent result favour beneficiari form intervent presumpt oic scheme correspond aid system fishermen quota rent present assess base analysi trade track record quota leas oic argu comparison invest assess carri regard market concern data market fishermen benefit oic scheme fishermen borrow monei bui track record enabl fish quota entitl acquir track record enabl increas product condit scheme confer advantag fishermen commiss knowledg price quota leas sfpo orknei fishermen uk author summari sheet payment made oic april januari summari show expect payment repres invest acquir track record gbp million number leas quota payment correspond commiss request copi rental agreement receiv uk author repli open formal investig procedur rental agreement put hold comment investig agreement finalis term honour justif put forward uk author send commiss copi agreement detail quantiti quota rent rental amount enter agreement sign lesse commiss consid lack coher inform unit kingdom natur agreement conclud parti commit pai amount monei sign understand reach parti involv amount return quantiti leas agreement unit kingdom data commiss assess evolut price purchas quota leas exist state aid basi inform inform obtain sourc letter commiss date august uk author track record acquir decis set oic scheme intend implement year applic system alloc quota hous common report issu time subject huge tension market time quot quota precis track record cod price gbp tonn final rental valu cod haddock saith quota gbp tonn year quot observ scottish fishermen organis assum leas condit orknei fleet preferenti give cod track record acquir price gbp tonn quota leas half price charg orknei gbp gbp tonn uk author make comment figur april decemb trade newspap fish new regularli gave price purchas track record fqa unit rental quota sourc figur quota trade associ fraserburgh cost track record tonn north sea cod gbp april gbp decemb west coast cod gbp year round north sea haddock cost track record vari gbp gbp april gbp gbp decemb west coast haddock gbp gbp april gbp gbp decemb speci trend broadli price remain stabl show slight decreas quota rental price north sea cod price rang gbp tonn april septemb gbp octob gbp decemb west coast cod gbp april gbp june august gbp decemb north sea haddock rang gbp april gbp decemb west coast haddock gbp gbp speci price decreas year oic unit kingdom point quota market volatil rate publish fish new provid true reflect situat figur confirm observ made hous common report implement system quota alloc unit kingdom led great tension track record market natur purchas price remain level decreas year rent high level rental observ begin year time fishermen secur quota fish creat tension market question uk author provid commiss inform show set oic scheme lead preferenti rental condit inform easili provid inform commiss inform allow assum preferenti rental condit exist uk author shown inform unreli assum preferenti condit exist fishermen benefit oic scheme enjoi specif advantag state aid exist intervent result favour beneficiari form intervent intervent orknei council implement oic scheme result favour fish enterpris establish orknei island oic scheme select charact confer advantag enterpris opinion oic transmit unit kingdom membership ofa compli undertak commun accept practic membership entail registr vessel uk fish vessel regist subject specif oblig base nation regim entri exit fleet provid articl council regul ec decemb lai detail rule arrang commun structur assist fisheri sector addit vessel owner member ofa crew resid orknei state resourc quot state quot understood broadest sens includ level region local govern present case cover oic cover oil reserv fund orf administ control council creat section orknei counti council act orf fund remain control oic constantli remain public control compet public author consid state resourc paragraph section state secur acquir fund manag truste unit kingdom point observ trust institut purpos arrang difficult appli practic trust institut remain control oic decis truste consid decis oic state purpos articl ec treati unit kingdom contend resourc orf privat monei understood sens constitut state resourc voluntari agreement fund council complianc statutori oblig addit commiss recognis featur commiss observ agreement conclud april oic pipelin group occident britain getti oil alli chemic thomson piper petroleum provis relat minimum quarterli payment exempt claus case forc majeur renegoti agreement arbitr case disput provis show commit pai sum return island facil characteris voluntari contribut case instanc chariti organis renegoti state relat paragraph quot parti recognis payment set agreement agre fair equit quot agreement result negoti parti upheld interest payment made agreement gift made charit organis agreement class voluntari agreement result goodwil oil compani counti orknei inhabit addit commiss observ content agreement primarili concern privat interest undertak articl treati prejudic rule member state govern system ownership public bodi act privat undertak posit agreement state preambl payment thereund made quot respect injuri affect disturb depreci commun aris aris oil transport shipment result instal oper termin facilit promot develop harbour area contribut addit expens cost council incur provid increas public servic consequ instal termin quot clear payment made oil industri agreement correspond acquisit good payment servic recipi oic orf consid monei result commerci contract engag payment made pipelin group consid privat monei public monei unit kingdom point context eaggf commiss previous consid orf fund privat state letter director gener agricultur date januari nation financ project quot orknei meat project quot cofinanc eaggf commiss stress repli made specif context scottish execut want implement project ask commiss depart concern contribut orf privat monei privat contribut requir implement kind eaggf project scottish execut forward inform commiss depart concern repli quot basi inform provid monei orf consid privat contribut quot commiss depart gave advic basi inform provid request inform depth analysi present case commiss deepen analysi ask specif inform unit kingdom commiss observ unit kingdom previous provid incomplet inform led repli commiss depart concern letter date januari basi inform document orf manag measur autonomi doubt orf fund remain fulli public control state section orknei counti council act fund defin interest commun orknei island defin council privat investor market economi sole aim deriv profit line reason unit kingdom set oic scheme scheme creat orknei fleet unabl borrow commerci resourc orf fund attribut state purpos articl ec treati find line judgement case refer unit kingdom case join case case court justic european commun state advantag grant resourc state fall scope rule state aid distort threat distort competit quota fish enterpris benefit oic scheme reinforc posit regard fish enterpris regist unit kingdom member state allow land sell fisheri product benefit quota implement oic 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 scottish fishermen organis claim set oic scheme trigger escal cost quota uk author counter statement impact trade member state question trade affect address regard quota track record market uk contend aid scheme assess relat effect trade commun oic scheme assess regard effect trade product concern product fisheri sector product enter competit fisheri product offici uk sea fisheri statist trade fisheri product unit kingdom member state signific land tonn year export fish fish product amount tonn includ tonn member state import fish fish prepar tonn includ tonn member state oic orknei catch believ land consum scottish market provid proof case assumpt talli signific natur trade exchang refer case possibl enterpris establish member state export product unit kingdom affect oic scheme fishermen benefit maintain share market competitor seiz trade orknei fleet produc member state affect conclus criteria class measur state aid measur purpos articl ec treati met measur 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 compat common market commiss doubt compat oic scheme common market base assumpt quota track record natur durabl good aid system establish oic favour orknei fleet appear commiss aid relat oper cost aid type 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 uk author offici recognis track record acquir asset arguabl commiss adopt approach purchas track record sfpo behalf oic invest correct classif commiss discuss regard fishermen period rental quota longer year rental repres oper cost aid effect amount rental oper aid point fourth indent subind guidelin aid relat oper cost impos oblig part recipi incompat common market aid scheme directli link restructur plan consid compat common market oic scheme link restructur plan defin commun guidelin state aid rescu restructur firm difficulti consid compat common market addit uk author oic 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 ec 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 ec 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 close link orknei shetland fact fishermen orknei shetland belong produc organis orknei island author beneficiari awar explanatori leaflet scottish execut implement council regul eec decemb commun measur improv adapt structur fisheri aquacultur grant loan parallel shetland island council charit trust sicct state aid case regard grant public monei 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 orknei island author awar orknei reserv fund consid practic uk author commiss privat natur make permiss provid privat cofinanc contribut context financ european agricultur guidanc guarante fund eaggf commiss consid element creat legitim expect part orknei author bodi involv part fishermen assum privat fund involv fund provid cofinanc commun structur fund view wrongli assum state aid rule treati appli legal speak automat link issu ground basi articl council regul ec 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 rent aid compat common market brought end aim provis agreement made oic ofa sfpo lead preferenti rent condit repeal replac provis show rent made normal market condit time ensur arrang creat sfpo ofa benefit state aid vi conclus commiss find unit kingdom implement breach articl ec treati aid scheme entitl quot orknei island council track record scheme quot light assess made paragraph aid scheme compat common market recoveri aid requir adopt decis articl aid scheme entitl quot orknei island council track record scheme quot implement unit kingdom compat common market unit kingdom abolish aid scheme refer previou 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 oj recit recit hous common agricultur committe eighth report quot sea fish quot vol point price quot point recit recit recit recit oj section quot respect financi year moni receiv council account revenu undertak exce moni expend appli council respect thereof council respect year appli counti fund carri credit reserv fund respect undertak sum reason exceed amount excess moni time stand credit reserv fund invest secur truste time authoris invest trust moni includ debentur stock secur creat council reserv fund provid section appli make good counti fund defici time aris incom council undertak harbour undertak meet extraordinari claim demand time aris council respect undertak defrai expenditur connect undertak capit properli applic provid monei repay loan make annual payment requir made respect loan defrai expenditur incur time time repair maintain replac renew build work plant vessel equip articl form part undertak purpos opinion council sole interest counti inhabit quot recit quot payment pipelin group make payment council sum forc majeur due act god war pipelin group unabl ship termin suffici quantiti crude oil quarter incur liabil minimum payment claus hereof payment restrict sum calcul refer renegoti parti recognis payment set agreement agre fair equit light circumst present anticip parti futur chang circumst meet renegoti part agreement affect good faith order restor parti affect origin posit event parti fail reach agreement matter disput refer arbitr accord claus arbitr refer disput parti hereto aris determin arbit appoint sheriff grampian highland island decis arbit final bind parti applic law construct valid perform govern scot law quot recit recit time set scheme common organis market regul council regul ec decemb oj replac januari council regul decemb oj recit recit websit http www defra gov uk recit oj footnot point agreement oic ofa recit oj council regul ec june lai gener provis structur fund oj oj recit