In the 2012/13 financial year, a total of USD 18.47 million was transferred to fisheries sector from the UK Government, which is a 79.6% decrease compared with the GFTs in 2005 (Panel C). Total number of registered vessels and total tonnage of the fleet also decreased respectively by 5.3% and 5.7% since 2007. ( Responsibility for fisheries in the United Kingdom lies with the Secretary of State for Environment, Food and Rural Affairs, Scottish Ministers, Minister of the Welsh Assembly Government and Northern Ireland Executive Ministers. The principal powers governing the regulation of fisheries are set out in the Sea Fish (Conservation) Acts 1967 and 1992, the Sea Fisheries Act 1968, the Fishery Limits Act 1976, the Fisheries Act 1981, the Sea Fisheries (Shellfish) Act 1967 and the Fisheries Act 1966.