NMFS issues this final rule to implement a measure that was disapproved in the preliminary evaluation of Amendment 7 to the Northeast Multispecies Fishery Management Plan (FMP) and has been revised and resubmitted by the New England Fishery Management Council (Council). This revision recreates and renames the possession limit permit under Amendment 5 to the FMP and allows certain fisheries to continue under this permit category that would otherwise be prohibited by Amendment 7. The intended effect of this action is to continue to allow fishing for nonregulated multispecies (silver hake, red hake and ocean pout) by vessels that do not qualify for a limited access multispecies permit.