Under European Union fleet policy the capacity of member states' fishing fleets is determined by decisions taken in the context of the multi-annual guidance programmes for EU fishing fleets.
Against this background, sea-fishing boat licensing policy is designed to control entry to the fleet and requires that equivalent capacity must first be removed by the applicant from the sea fishing boat register before a new vessel may enter the fleet.
The Department does not maintain a "tonnage bank" as appears to be suggested by the Deputy's question. It is up to individual applicants to comply with the requirement in relation to tonnage replacement capacity which is a prerequisite for processing applications.