Moreover,fishing rights allocated by the central authority (the French Ministry of
fisheries) to POs or vessels, as sub-quotas per species, are not transferable. In 2006, the legal framework has evolved to give more responsibility to POs [20]. Track records per vessel were computed, based on the total landings registered in the years 2001, 2002 and 2003 [24]. Pioneer POs have experimented with new fisheries management using individual quotas (IQs), without transferability. One of the first fisheries using IQs has been the sole fishery in the Bay of Biscay, with a history of quota over- consumption.