Report on vote: Fisheries Non-Deparmental Funds Managed By The Ministry of Fisheries
These public funds include revenues received from the commercial fishing industry through cost recovery levies that recover the costs of fisheries-related conservation services and fisheries services:
- provided to manage the harvesting or farming of fisheries resources; or
- provided to avoid, remedy, or mitigate a risk to,
or an adverse effect on, the aquatic environment
or the biological diversity of the aquatic environment.
The cost of fisheries services provided by the Ministry of Fisheries during the period 1 July 2004 to 30 June 2005 is being recovered from the commercial fishing sector over the period 1 October 2004 to 30 September 2005.
The cost of fisheries services provided by the Ministry of Fisheries is accounted for through the departmental financial statements included earlier in this report. Expenditure on conservation services is reported separately by the Department of Conservation.