Commercial fishing for salmon is by way of public licence which does not confer any rights on the holder. In that regard the issue of compensation does not arise.
In order to comply with the EU Habitats Directive and the principles of the North Atlantic Salmon Conservation Organisation (NASCO), the Government decided in 2006 to cease all indiscriminate commercial fishing in the sea and to manage salmon fisheries strictly in line with scientific advice. On foot of that decision, in 2007, the Government introduced a hardship scheme open to all holders of a commercial salmon licence.
Funding of €25m was made available for direct payments to former fishermen, based on their track record in the fishery, with a further €5m available for projects in affected communities. The average payment to individual fishermen was approximately €23,000 and the highest individual payment was over €180,000.
The scheme closed in 2008 with all funds expended and there are currently no plans to introduce a similar scheme.