Ifq For Sale

Final Rule Re-Defines Actual Ex-Vessel Value, Extends the Annual ...

NOAA Fisheries Service announces a final rule that re-defines “actual ex-vessel value,” extends the time needed for maintenance of the Gulf of Mexico (Gulf) Individual Fishing Quota (IFQ) online system, and removes obsolete regulations regarding the sale of grouper. The final rule published in the Federal Register on April 29, 2011. Through this rulemaking, NOAA Fisheries Service revises the definition of “actual ex-vessel value” to represent the price paid per pound of fish before any deductions are made for transferred (leased) allocation and goods and services (e.g., bait, ice, fuel, repairs, machinery replacement, etc.). This revision will allow NOAA Fisheries Service to more accurately analyze the total value of the Gulf red snapper and grouper/tilefish component of the reef fish fishery, and will more appropriately align the definition with the original intent of the IFQ program. This rulemaking will extend the maintenance window an additional eight hours from 6 a.m. to 2 p.m. on January 1 to allow for more time to conduct end-of-year maintenance. The revision is not expected to have any effects on fishermen or dealers. To date, no landing transactions have been completed between 6 a.m. and 2 p.m. on January 1. Additionally, IFQ participants may still submit an advanced notice of landing via phone or through their vessel monitoring system during the maintenance window. Prior to the implementation of the grouper IFQ, commercial fishing for gag, red grouper, and black grouper was prohibited from February 15 through March 14. Regulations also prohibited the sale of these three species during the February 15 through March 14 closure. With implementation of the IFQ, there was no longer a need for these regulations, and the fishing prohibition was removed. However, NOAA Fisheries Service inadvertently did not remove the regulations prohibiting sale. The final rule removes this obsolete regulation. This bulletin serves as a Small Entity Compliance Guide, complying with section 212 of the Small Business Regulatory Enforcement Fairness Act of 1996. This bulletin provides only a summary of the information about the rule. Discrepancies between this bulletin and the rule as published in the Federal Register will be resolved in favor of the Federal Register.

Code of Federal Regulations, Title 50, Wildlife and Fisheries, Pt. 660-End, Revised as of October 1, 2010

The Code of Federal regulations of the United States of America

Pacific fishing

The Community Development Quota Program in Alaska

Code of Federal Regulations, Title 50, Wildlife and Fisheries, Pt. 600-659, Revised as of October 1, 2009