SuperyachtNews.com - Business - 'Catastrophic' legislation edges closer to enactment

By SuperyachtNews

'Catastrophic' legislation edges closer to enactment

The French legislature has passed a bill that would see 322 'managed marine areas' charge a levy for yachts cruising there. The bill will now return to the French Senate for a final reading before being passed into law.…

The European Committee for Professional Yachting (ECPY) is petitioning the French government over what the industry association has identified as a ‘catastrophic’ legislative proposal.

On 20 January the French Senate presented a bill to tax yachts cruising in 322 ‘managed marine areas’. However, initially, the National Assembly rejected the bill  ‘recognising the serious impact it might have on the yachting industry.’ The 322 areas constitute an area of 88,175km2, which is equivalent to 23.63 per cent of France’s territorial waters

However, the government has revised and resubmitted the bill, and in a blow for the superyacht industry The Chamber of Deputies passed the first reading of the law NOTRe. It will now be presented to the Senate to be discussed and amended before returning to the Chamber of deputies for the last reading.

France's managed marine areas.

‘We have lost the first battle’, an ECPY statement read. ‘Now we must renew our efforts to block the anchorage tax provisions from being passed by the Senate and afterwards by the Chamber of Deputies on the second reading.’

The ECPY has compared the passing of the bill to legislation introduced in Sardinia in 2006, which the Committee claims reduced yacht traffic by 50 per cent over three years.

It has called on the superyacht industry to show its defiance by signing a petition which can be presented to legislators as a mechanism for preventing the bill passing into law.

This is exactly the sort of unified industry activism that The Superyacht Group is trying to encourage with its Superyacht Management Meeting: Fiscal, although it also serves as a telling example of how the industry’s voice has been largely silenced up to now, and the risks we take by not engaging at a political level.

More information can be found by clicking these links to the key figures and protected marine areas of the mainland.

Some of the key yachting cruising grounds that could be effected.

For event information please contact Clara Saladich, Event Coordinator, by emailing clara@thesuperyachtgroup.com or calling +44 (0) 207 924 4004.

For sponsorship opportunities please contact Roland Archdall, Commercial Director, by emailing roland@thesuperyachtgroup.com

Profile links

Superyacht Management Meeting: Fiscal

Join the discussion

'Catastrophic' legislation edges closer to enactment

22723

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on