| English term or phrase: TURFs | | The precise nature of the rights that it is most appropriate to establish will depend on a variety of factors such as, for instance, the nature of the fish resource, and the nature of the exploitation system (e.g. the number of fishers). In the case of sedentary resources, it is probably easier to grant spatial rights (territorial use rights in fisheries – TURFs). For finfish stocks, rights are best expressed in terms of the catch. One widely-discussed, and increasingly adopted, option is individual transferable quotas (ITQs). An alternative to ITQs may be to allocate catch rights to a group of fishers as a concession. |
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