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Fishing Licences As Security For Loans., Fisheries Department Of Western Australia. Nov 1989

Fishing Licences As Security For Loans., Fisheries Department Of Western Australia.

Fisheries management papers

During mid 1988 the Minister for Fisheries at that time, the Hon Julian Grill, sought the establishment of a committee of advice to examine security arrangements for financial institutions providing funds for fishing licences and fishing boats. The prime objective of the Committee was to examine and report upon the requirements for establishing fishing licences as a form of collateral for loans. The major issue before the Committee arose from licence holders seeding generally the means by which their investment in a fishing licence could be used as security, whereas lending institutions sought to ensure their loans would be adequately …


Foreign Investment In The Rock Lobster Industry. A Policy Statement By Gordan Hill Mla Minister For Fisheries, Fisheries Dept. Of Western Australia Sep 1989

Foreign Investment In The Rock Lobster Industry. A Policy Statement By Gordan Hill Mla Minister For Fisheries, Fisheries Dept. Of Western Australia

Fisheries management papers

Foreign investment in the rock lobster industry become an important issue during 1988 following the purchase of the rock lobster processing establishment INF Pty Ltd by the Japanese company Chungagon. On 24 June 1988 the then Minister for Fisheries, the Hon. Julian Grill, issued a press release setting out that foreign investment in the rock lobster industry would be put under scrutiny. The debate on rock lobster processing, involves not only questions of end-user ownership with the likely concentration on small-sized rock lobsters but also on the location of rock lobster processing establishments along the coast. In September 1988, with …