Supply - Total allowable catch
The total allowable catch (TAC) is set for every fishing year (Sept-Aug) by the Minister of Fisheries and Agriculture, based on the recommendation from the Marine Research Institute (MRI). The International Council for the Exploration of the Sea (ICES) also provides advice on many stocks.
Each vessel is allocated a certain share of the total allowable catch (TAC) of the relevant species. The catch limit of each vessel during the fishing year is thus determined on basis of the TAC of the relevant species and the vessel’s share in the total catch.