Fisheries Act.

This Act provides rules for the conservation, management and sustainable use of the fishery resources of the Marshall Islands. For this purpose, the Authority (not defined) may determine the total level of fishing and allocation of fishing rights and may determine participatory rights in fishery such as allocations of allowable catch or levels of fishing effort. The Authority may authorize a fishery as a designated fishery and the Managing Director of the Authority shall prepare and be responsible for the implementation of a plan for the management and development of each designated fishery in the Fishery Waters. The Authority may take measures for the conservation and management of fish in the Fishery Waters and may declare by Regulation Fisheries Exclusion Zones for the purposes of designating an area for the exclusive or predominant use for subsistence artisanal and/or sport fishing. The Authority shall cooperate with competent authorities of other States on conservation and management in relation with high seas fishing for highly migratory fish stocks. The Act further: (a) places restrictions on certain methods of fishing, the taking of turtles and other aquatic animals, the introduction of fish into Fishery Waters and the of removal of fish from nets, traps, etc; (b) prohibits driftnet fishing; (c) prohibits trade in fish, fish products or other marine resources obtained in contravention of this Act; (d) prohibits export of live fish, fish product or other marine resources without an authorization; and (e) grants powers to the Minister to declare fish species to be endangered species.