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Magnuson-Stevens Act Provisions; Fishing Capacity Reduction Program

fishery-mgmt · Published 2000-05-18 · Effective 2000-06-19 · 65 FR 31430

Document

Document number
00-12159
Federal Register citation
65 FR 31430
Type
Rule
Action
Interim final rule; request for public comments.
Category
fishery-mgmt
Publication date
2000-05-18
Effective date
2000-06-19
NOAA docket
Docket No. 980812215-0109-02

Abstract

NMFS issues interim final framework regulations specifying procedures for requesting and conducting fishing capacity reduction programs (reduction programs). A reduction program pays harvesters in a fishery with too much fishing capacity either to surrender their fishing permits for that fishery or both to surrender all their fishing permits and withdraw their fishing vessels from all fishing. Reduction costs can be paid by post-reduction harvesters, taxpayers, or others. The intent is to decrease excess harvesting capacity, increase the economic efficiency of harvesting, and facilitate the conservation and management of fishery resources in each fishery in which NMFS conducts a reduction program.

Source

Authoritative
Federal Register document
Machine
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