fis.com, 7 January 2010
The debate on a bill that would modify the General Fisheries and Aquaculture Law (LGPA), which regulates the Chilean salmon farming industry, was pushed back to Wednesday 6 January by the Senate due to low quorum.
The vote on the bill was set to take place on Tuesday 5 January, the same day as the Congressional Organic Law, however, only 25 members were present in the chamber and the articles on the presidential veto regarding the Congressional Organic Law call for a high quorum. The situation obliged the Senate chair to postpone the vote to the following day.
The Chilean salmon industry has long been pressing for change in the current Fisheries Law in that it would refer to new sector financial bailout measures that would rescue it from hard times.
The debate on a bill that would modify the General Fisheries and Aquaculture Law (LGPA), which regulates the Chilean salmon farming industry, was pushed back to Wednesday 6 January by the Senate due to low quorum.
The vote on the bill was set to take place on Tuesday 5 January, the same day as the Congressional Organic Law, however, only 25 members were present in the chamber and the articles on the presidential veto regarding the Congressional Organic Law call for a high quorum. The situation obliged the Senate chair to postpone the vote to the following day.
The Chilean salmon industry has long been pressing for change in the current Fisheries Law in that it would refer to new sector financial bailout measures that would rescue it from hard times.
The bill mainly introduces changes in the field of aquaculture. It proposes, for example, the non-renewal of aquaculture concessions and establishes a mortgage system for the same, ina bid to facilitate access to bank credit, among other measures.
The process of approval regarding the bill has been ongoing for some months now. Initially, it was approved by the Maritime Interests Commission, but was later stalled in the Treasury due to discrepancies linked to labour issues and the duration of aquaculture concessions contracts.
The Executive undertook bill modifications in order to make room for the objections of some of the legislators. However, its latest version was rejected by the socialist senators, after which an intense debate in the Senate is expected to take place.
Source: fis.com