A selection of 2018-19 service schedules were provided at the meeting following a review of the schedules between SIV and VFA. Items identified for amendment or clarification were then relayed to FCRSC.

#### OUTCOMES:

1. FCRSC noted the draft schedules for 2018-19 and that work on completing the schedules as ‘final’ was underway. 2. FCRSC noted that a generic research service of reporting on catch and effort was proposed for all fisheries (except those with existing stock assessment arrangements). 3. The relevant industry representatives were asked to review the Abalone and Rock Lobster schedules and report back with any further comments on delivery of services to date and proposed services for 2019-20. 4. FCRSC agreed that dates provided in the KPIs for services. They value being as a target rather than a point for non- delivery.

#### ACTIONS:

1. The Sec to clarify stakeholders as commercial licence holders in the text under Management Services. 2. The Sec to clarify the delivery of reference points in the Gippsland lakes schedule for 2017-18.

- 3. The Sec to email the 2018-19 service schedules and 2017-18 final report to FCRSC members.
- 4. The Sec to ensure the fee schedule on the bottom of each schedule is in the correct order to correlate with the remainder of the Schedule.

#### 5(c) Cost Recovery Audit BACKGROUND:

The VFA Board’s Audit and Risk Committee have committed to undertaking 4 audits per year. The first of these relates to the cost recovery system and commenced in September 2018. This specific audit is looking at the interaction between the cost recovery system, on-ground delivery, budget and financial reporting systems, and the distribution of funding from consolidated revenue. The report from the audit is due in October.

#### OUTCOMES:

1. The Cost Recovery REVIEW should include the matter of cost recovery for seismic applications due to the time and effort required to address requests. 2. The audit will compare fisheries cost recovery with that in other agencies and advise on future practice.

- 3. The audit will consider what has been working successfully along with proposing solutions to concerns. Industry noted that they considered efficiency gains in cost recovery will continue despite diminishing returns.
- 4. FCRSC noted that stakeholder input would be valuable in future audits.

#### ACTIONS:

1. The VFA to provide FCRSC with the final audit report ahead of FCRSC #50.

#### 5(d) Review of Fisheries Cost Recovery BACKGROUND:

At FCRSC #48, members discussed the pending review of cost recovery and recommended that a tender for services be developed to focus on the economics and available models of cost recovery for Victorian commercial fisheries. A tender was prepared but there was a delay in the process. A revised tender and timing was provided to FCRSC at the meeting.

#### OUTCOMES:

1. FCRSC noted the tender would look at a variety of recovery models rather than the current system. 2. FCRSC noted that the model applied in Western Australia uses a dual-approach model. Cost recovery covers essential regulatory services, but further recovery occurs on a fishery by fishery basis to cover additional services as agreed between industry and government. 3. FCRSC noted it was important that the review consider services that were delivered but not recovered. This would support the VFA claiming greater funds from consolidated revenue in future. 4. FCRSC noted that the VFA was likely to use the review to consider alternative models and focus less on changes to the prospective system. Industry noted that the ‘prospective’ nature of the current system was problematic. 5. FCRSC noted the tender document would include ‘’That the Abalone Royalty is to be abandoned and include this is as a given in the review’.

#### ACTIONS:

1. The Sec to proceed with approval of the revised tender for release in November.

#### 6) Next meeting OUTCOMES:

1. FCRSC agreed that the next would be as scheduled on 5 December 2018 from 9am-1pm. 2. The meeting closed at 11.50am.