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Act
on Fishing in Icelands Exclusive Fishing Zone
No. 79/1997
[as amended by Act No. 127, 22 December 1997]
Amended by Act No. 127/1997 (entered into force 30 Dec. 1997, implemented as provided for in the instructions in Art. 2), Act No. 82/1998 (entered into force 1 October 1998), Act No. 22/2005 (entered into force 25 May 2005), Act No. 163/2006 (entered into force 30 December 2006), Act No. 149/2007 (entered into force 29 December 2007) and Act No. 88/2008 (entered into force 1 January 2009, with the exception of Temporary Provision VII, which entered into force 21 June 2008).
Article 1
The purpose of this Act is to encourage the flourishing and efficient utilisation of commercial stocks within Icelands exclusive fishing zone and thus ensure secure employment and settlement in the country.
Article 2
For the purposes of this Act, commercial stocks shall include all those marine animals, as well as marine vegetation, which are presently utilised or may eventually be utilised within Icelands exclusive fishing zone and are not covered by specific legislation.
Icelands exclusive fishing zone includes the ocean area extending from the low-water line to the outer limits of Icelands exclusive economic zone (EEZ) as defined by Act No.41, of 1 June 1979, concerning the Icelandic territorial sea, exclusive economic zone and continental shelf.
Article 3
Foreign vessels are prohibited from all fishing within Icelands exclusive fishing zone. These provisions shall not, however, restrict rights which have been or may eventually be granted to other states pursuant to international agreements.
Article 4
Only Icelandic vessels holding commercial licenses to fish in Icelands exclusive fishing zone in accordance with the provisions of the Fisheries Management Act No. 38, of 15 May 1990,as subsequently amended, may pursue fishing within the exclusive fishing zone.
Article 5
Icelandic vessels are prohibited from fishing with bottom trawl, pelagic trawl and Danish s
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