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handle: 11427/24042
The full hake Reference Set (RS) of OMs is updated at the mid-way stage of the four-year implementation of OMP-14, and used to project under continued application of that OMP. Combining across the full RS indicates that in median terms, TACs are expected to decline for a further four years. This raises the question of whether the OMP review scheduled for 2018 should be brought forward a year to 2017, thus admitting the possibility of a larger (than 5%) TAC decrease for 2018, and thereby speeding recovery and reducing the period for which TAC decreases are to be expected.
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