§ 5612. — Quota allocation practice.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC5612]
TITLE 16--CONSERVATION
CHAPTER 76--NORTHWEST ATLANTIC FISHERIES CONVENTION
Sec. 5612. Quota allocation practice
(a) In general
The Secretary of Commerce, acting through the Secretary of State,
shall promptly seek to establish a new practice for allocating quotas
under the Convention that--
(1) is predictable and transparent;
(2) provides fishing opportunities for all members of the
Organization; and
(3) is consistent with the Straddling Fish Stocks Agreement.
(b) Report
The Secretary of Commerce shall include in annual reports under
section 5611 of this title--
(1) a description of the results of negotiations held pursuant
to subsection (a) of this section;
(2) an identification of barriers to achieving such a new
allocation practice; and
(3) recommendations for any further legislation that is
necessary to achieve such a new practice.
(c) ``Straddling Fish Stocks Agreement'' defined
In this section the term ``Straddling Fish Stocks Agreement'' means
the United Nations Agreement for the Implementation of the Provisions of
the United Nations Convention on the Law of the Sea of 10 December 1982
Relating to the Conservation and Management of Straddling Fish Stocks
and Highly Migratory Fish Stocks.
(Pub. L. 104-43, title II, Sec. 213, as added Pub. L. 105-384, title II,
Sec. 201(d), Nov. 13, 1998, 112 Stat. 3452.)