§ Mr. TownendTo ask the Minister of Agriculture, Fisheries and Food if legal ownership rights are conferred in perpetuity where British shares of EU fishing quotas are transferred for cash payments. [36770]
§ Mr. MorleyThe UK undertakes exchanges of quota on an annual basis with other Member States with the agreement of the European Commission. Such exchanges do not affect the underlying share of EU quotas which are fixed by Council Regulations.