Rules and Regulations on Foreign Fishing Agreements and Fish Processing Establishments.
Country
Type of law
Regulation
Abstract
The Regulations are divided into 4 sections: General Provisions; Definitions (1); Requirements of Foreign Fishing Agreements (2); Requirements Prior to Entry of Vessels for Local Government Area Activities (3); Fish Processing Establishments (4).
Items specified in section 2 shall be considered basic and essential terms for any foreign fishing agreement. Requirements include presentation of a business plan, appointment of a local agent, to maintain a bond or letter of credit and may include in particular requirements regarding offloading and transhipment, methods of fishing, fishing in certain areas, target species. The Marshall Islands Marine Resources Authority (MIMRA) may specify other requirements. In section 3 are specified the minimum requirements for any proposal to enter into a licence agreement.
Items specified in section 2 shall be considered basic and essential terms for any foreign fishing agreement. Requirements include presentation of a business plan, appointment of a local agent, to maintain a bond or letter of credit and may include in particular requirements regarding offloading and transhipment, methods of fishing, fishing in certain areas, target species. The Marshall Islands Marine Resources Authority (MIMRA) may specify other requirements. In section 3 are specified the minimum requirements for any proposal to enter into a licence agreement.
Attached files
Repealed
No
Publication reference
Regional Compendium of Fisheries Legislation (Western Pacific Region), FFA/FAO, June 1993, pp. 678-683.
Source language
English
Legislation Amendment
No