delete PENALTIES
This 1988 Order enforces European Community fishing regulations on third-country vessels within British fishery limits, granting British sea-fishery officers powers to board, search, detain boats, seize documents, and impose fines for contraventions of specified EC provisions.
This Order enforces the EU's flawed Common Fisheries Policy, a command-and-control system that has caused overfishing, wasteful discards, and industry distortion. Post-Brexit, Britain should replace this bureaucratic enforcement of outdated EU rules with a market-based system such as Individual Transferable Quotas, which create property rights and incentivize sustainable fishing. Keeping it perpetuates regulatory inefficiency, raises compliance costs, and prevents adopting proven free-market alternatives that would boost fishing industry productivity and global competitiveness.