Section 16.43.290. Optimum number of entry permits.

Following the issuance of entry permits under AS 16.43.270, the commission shall establish the optimum number of entry permits for each fishery based upon a reasonable balance of the following general standards:
        (1) the number of entry permits sufficient to maintain an economically healthy fishery that will result in a reasonable average rate of economic return to the fishermen participating in that fishery, considering time fished and necessary investments in vessels and gear;
        (2) the number of entry permits necessary to harvest the allowable commercial take of the fishery resource during all years in an orderly, efficient manner, and consistent with sound fishery management techniques;
        (3) the number of entry permits sufficient to avoid serious economic hardship to those currently engaged in the fishery, considering other economic opportunities reasonably available to them.

Authorities

16.10.337;16.43.300;16.43.330;44.81.250

Notes

Recent Bills that will modify this

HB 112 REPEAL CFEC; TRANSFER FUNCTIONS TO ADFG

Implemented As

20 AAC 05.1140
20 AAC 05.1145
20 AAC 05.1147

References

20 AAC 05.565
AS 16.10.337 Deficiencies and transfer of entry permits after foreclosure.
AS 16.43.300 Revisions of optimum number of entry permits.
AS 16.43.330 Issuance of new entry permits; appropriations related to fleet reduction.
AS 44.81.250 Transfer of entry permits after foreclosure.

History

(Sec. 1 ch 79 SLA 1973)