Chapter 2: Domestic
Fishing
§ 201. Registration fee for domestic fishing permits.
§ 202. Allocation of allowable fishing between domestic fishing vessels.
A registration fee of up to $25 may
be charged for a domestic fishing permit.
Source: PL 6-11 § 22.
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.