Cost Recovery

Cost recovery has been an integral element of New Zealand’s fisheries management regime since 1994.

 

The purpose of the fisheries cost recovery regime is to enable the Crown to recover its costs in respect of the provision of fisheries services and conservation services, as far as practicable, from those people who benefit from the provision of those services or cause the adverse effect that the services are designed to avoid, remedy or mitigate.

 

A total of $31m is to be recovered for fisheries services from commercial fishers in the 2007/08 year. The top figure shows the costs (before the adjustments for settlement sums for historic under and over recovery of cost recovery levies for the period 1994-2002 inclusive, and prior year under and over recoveries) allocated to the top 15 species (by total $ allocated) in the 2007/08 year.  The remaining $6.8m is spread amongst all other QMS species, plus 5 non-QMS species and aquaculture.

 

The bottom figure shows the composition of services that make up the total $ allocation (pre-adjustments) for each of the top 15 species.