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Magnuson-Stevens Act Provisions; Fishing Capacity Reduction Framework

fishery-mgmt · Published 2010-10-08 · Effective 2010-11-08 · 75 FR 62326

Document

Document number
2010-25437
Federal Register citation
75 FR 62326
Type
Rule
Action
Final rule.
Category
fishery-mgmt
Publication date
2010-10-08
Effective date
2010-11-08
NOAA docket
Docket No. 100330171-0388-02

Abstract

NMFS amends the framework regulations specifying procedures for implementing fishing capacity reduction programs (reduction programs) in accordance with the Magnuson-Stevens Fishery Conservation and Management (Magnuson-Stevens) Reauthorization Act of 2007. A reduction program pays harvesters in a fishery that has more vessels than capacity either to surrender their fishing permits including relevant fishing histories for that fishery, or surrender all their fishing permits and cancel their fishing vessels' fishing endorsements by permanently withdrawing the vessel from all fisheries. The cost of the program can be paid by post-reduction harvesters, taxpayers, or others. The intent of a program is to decrease the number of harvesters in the fishery, 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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