50 C.F.R. 50 CFR--PART 679
Title 50 - Wildlife and Fisheries
Effective Date(s): September 5, 2006 2. In §679.45 paragraph (d) is revised to read as follows: * * * * * (d) IFQ fee percentage—(1) Established percentage. The annual IFQ fee percentage is the amount as determined by the factors and methodology described in paragraph (d)(2) of this section. This amount will be announced by publication in the (2) Calculating fee percentage value. Each year NMFS shall calculate and publish the fee percentage according to the following factors and methodology: (i) Factors. NMFS must use the following factors to determine the fee percentage: (A) The catch to which the IFQ fee will apply; (B) The ex-vessel value of that catch; and (C) The costs directly related to the management and enforcement of the IFQ program. (ii) Methodology. NMFS must use the following equation to determine the fee percentage: 100 x (DPC / V) where: “DPC” is the direct program costs for the IFQ fishery for the previous fiscal year, and “V” is the ex-vessel value of the catch subject to the IFQ fee for the current year. (3) Publication—(i) General. During or before the last quarter of each year, NMFS shall publish the IFQ fee percentage in the (ii) Effective period. The calculated IFQ fee percentage shall remain in effect through the end of the calendar year in which it was determined. (4) Applicable percentage. The IFQ permit holder must use the IFQ fee percentage in effect at the time an IFQ landing is made to calculate his or her fee liability for such landed IFQ pounds. The IFQ permit holder must use the IFQ percentage in effect at the time an IFQ retro-payment is received by the IFQ permit holder to calculate his or her IFQ fee liability for the IFQ retro-payment. * * * * *
Amendment from August 04, 2006
50 CFR--PART 679
Amendment(s) published August 4, 2006, in 71 FR 44232
§ 679.45 IFQ cost recovery program.
