The majority of the Parliamentary Industrial Affairs Committee wants to change legislation on fish farm to make all licences temporary, according to Iceland Review.

Current legislation allows the granting of licences for 16 years as well as for an indefinite period. The committee’s proposal suggests that all licences be limited to a maximum period of 16 years.

The committee’s view states that indefinite operating licences could be equated to indirect ownership of a public resource.

A majority of the committee proposed that all standing licences, both 16-year and indefinite, be reviewed.