🎣Exempted Fishing Permit Application and Its Business Implications
Magnuson-Stevens Act Provisions; General Provisions for Domestic Fisheries; Application for Exempted Fishing Permits
Summary
The Assistant Regional Administrator for Sustainable Fisheries, Greater Atlantic Region, NMFS, has made a preliminary determination that an Exempted Fishing Permit (EFP) application contains all of the required information and warrants further consideration. The EFP would allow federally permitted fishing vessels to fish outside fishery regulations in support of exempted fishing activities proposed by the Coonamessett Farm Foundation, Inc. (CFF). Regulations under the Magnuson-Stevens Fishery Conservation and Management Act require publication of this notification to provide interested parties the opportunity to comment on applications for proposed EFPs.
Agencies
- Commerce Department
- National Oceanic and Atmospheric Administration
Business Impact
$$ - Med
The regulatory text discusses an Exempted Fishing Permit (EFP) that impacts business compliance, as fishing vessels will operate under modified regulations to support sustainable practices. This could affect cost structures and operational compliance for involved companies.