6Objectives (Act s 17 (5))

6 Objectives (Act s 17 (5))

The objectives of this Management Plan, and the objectives for AFMA to pursue when it is administering the Plan, are as follows:

(a) to manage the fishery efficiently and cost‑effectively for the Commonwealth;

(b) to ensure that the exploitation of the resources of the fishery and the carrying on of any related activities are conducted in a manner consistent with the principles of ecologically sustainable development and the exercise of the precautionary principle, and, in particular, the need to have regard to the impact of fishing activities on by‑catch species and the long‑term sustainability of the marine environment;

(c) to maximise economic efficiency in the exploitation of the resources of the fishery;

(d) to ensure AFMA’s accountability to the fishing industry and to the Australian community in managing the resources of the fishery;

(e) to reach Government targets for the recovery of the costs of AFMA in relation to the fishery;

(f) to ensure that conservation and management measures taken in relation to the fishery implement Australia’s obligations under relevant international agreements.