American Fisheries Act (AFA) Pollock Buyback Program: Inshore Fee System for Repayment of the Fishing Capacity Loan to Harvesters of Pollock from the Directed Fishing Allowance
Summary
Implementation of an inshore fee system for all pollock harvested under the inshore component of the Bering Sea/Aleutian Islands directed fishing allowance under section 206(b)(1) of the AFA. The fee system provides the means of repaying a $75 million loan to reduce fishing capacity in that fishery. Fees are first due and payable under the inshore fee system on February 10, 2000. Although the fee system provisions were established in a separate subpart G of part 679, the section numbering was duplicated inadvertently in another recently published BS/AI rule. The intent of this rule is to correct that error by renumbering the sections of Subpart G as §§ 679.70-679.76.