CODE OF FEDERATED STATES OF MICRONESIA

TITLE 24

MARINE RESOURCES

CHAPTER 2

Domestic Fishing

Sections

§ 201. Registration fee for domestic fishing permits.
§ 202. Allocation of allowable fishing between domestic fishing vessels.

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§ 201. Registration fee for domestic fishing permits.

A registration fee of up to $25 may be charged for a domestic fishing permit.

Source: PL 6-11 § 22.

§ 202. Allocation of allowable fishing between domestic fishing vessels.

The Authority may allocate that portion of the optimum sustainable yield allocated to domestic fishing vessels among domestic fishing vessels, if unrestricted fishing by domestic fishing vessels would otherwise result in a catch level exceeding the optimum sustainable yield. In determining the allocation, the Authority shall take into consideration:

(1) The extent to which each vessel or operator of such vessel has historically fished in a particular area;

(2) The extent to which each vessel or operator of such vessel is advancing the development of a fishing industry in the Federated States of Micronesia;

(3) The extent to which each vessel or operator of such vessel has historically fished for a particular regulated species;

(4) The extent to which each vessel or operator of such vessel submits information for the conservation, management, and development of stocks of fish;

(5) The extent to which each vessel or operator of such vessel has traditional rights to fishing in an area; and

(6) Such other factors as the Authority deems appropriate.

Source: PL 6-11 § 23.

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