FISHERIES MANAGEMENT ACT 1991 - SECT 3A Principles of ecologically sustainable development

FISHERIES MANAGEMENT ACT 1991 - SECT 3A

    The following principles are principles of ecologically sustainable development :

  (a)   decision - making processes should effectively integrate both long - term and short - term economic, environmental, social and equity considerations;

  (b)   if there are threats of serious or irreversible environmental damage, lack of full scientific certainty should not be used as a reason for postponing measures to prevent environmental degradation;

  (c)   the principle of inter - generational equity--that the present generation should ensure that the health, diversity and productivity of the environment is maintained or enhanced for the benefit of future generations;

  (d)   the conservation of biological diversity and ecological integrity should be a fundamental consideration in decision - making;

  (e)   improved valuation, pricing and incentive mechanisms should be promoted.