BIM has announced that the application deadline for Brexit Voluntary Permanent Cessation (“decommissioning”) Scheme has been extended

BIM has announced that the application deadline for Brexit Voluntary Permanent Cessation (“decommissioning”) Scheme has been extended

Application deadline extended for Brexit Voluntary Permanent Cessation (“decommissioning”) Scheme

Bord Iascaigh Mhara (BIM), Ireland’s Seafood Development Agency has today (Friday 23 September) announced an extension to the Brexit Voluntary Permanent Cessation (decommissioning scheme). The new deadline is 5pm, Friday 18 November.

BIM has also announced a change to the crew compensation agreement within the scheme. This agreement which was previously required to be submitted with an application, can now be submitted prior to first scheme payment subject to an applicant being approved for decommissioning and having received a letter of offer. 

The aim of the new scheme, that opened for applications last week, is to help restore balance between fishing fleet capacity and available quotas following quota reductions arising from the Brexit Trade and Cooperation Agreement (TCA) between the EU and the UK. The scheme is a recommendation of the Seafood Task Force, established by the Minister for Agriculture, Food and the Marine Charlie McConalogue TD, in 2021.

More information, including details on eligibility and how to apply can be found by visiting www.bim.ie

Source: Press Release

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Application deadline extended for “decommissioning” Scheme

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