Sec. 16.43.960. Commission revocation or suspension of permits.
(a) The commission may revoke, suspend, or transfer all entry or interim-use permits held by a person who knowingly provides or assists in providing false information, or fails to correct false information provided to the commission for the purpose of obtaining a benefit for self or another, including the issuance, renewal, duplication, or transfer of […]
Sec. 16.43.970. Penalties.
(a) A person who violates a provision of this chapter or a regulation adopted under this chapter is, upon conviction, guilty of a class B misdemeanor and is punishable by a fine of not more than $5,000 for a first conviction, and a fine of not more than $10,000 for a second or third conviction. […]
Sec. 16.43.975. Public disclosure of certain documents prohibited.
Documents submitted to the commission containing information relating to an individual’s personal finances and information supplied by individuals for research purposes, produced in response to requests by the commission, are not subject to public disclosure.
Sec. 16.43.980. Report and recommendations.
(a) The commission shall prepare an annual report and notify the legislature that it is available. The report must include but not be limited to the following: (1) a progress report on the reduction of entry permits to optimum levels; (2) recommendations for additional legislation relating to the regulation of entry of participants and vessels […]
Sec. 16.43.990. Definitions.
In this chapter, (1) “commission” means the Alaska Commercial Fisheries Entry Commission; (2) “economically healthy fishery” means a fishery that yields a sufficient rate of economic return to the fishermen participating in it to provide for, among other things, the following: (A) maintenance of vessels and gear in satisfactory and safe operating condition; and (B) […]
Sec. 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 […]
Sec. 16.43.300. Revisions of optimum number of entry permits.
(a) The commission may increase or decrease the optimum number of entry permits for a fishery when one or more of the following conditions makes a change desirable considering the purposes of this chapter: (1) an established long-term change in the biological condition of the fishery has occurred that substantially alters the optimum number of […]
Sec. 16.43.310. Establishment of buy-back funds and permit buy-back assessments.
(a) When the optimum number of entry permits is less than the number of entry permits outstanding in a fishery, the commission may establish a buy-back program, a buy-back plan, and a buy-back fund for that fishery. (b) The commission may establish by regulation a permit buy-back assessment for each fishery for which the commission […]
Sec. 16.43.320. Administration of the buy-back program.
The commission shall adopt regulations providing for the purchase of transferable entry permits with money in the buy-back fund for each fishery. The commission shall cease purchases of entry permits in a fishery when the number of entry permits in the fishery has been reduced to the optimum number. The commission shall terminate a buy-back […]
Sec. 16.43.330. Issuance of new entry permits; appropriations related to fleet reduction.
(a) When the number of outstanding entry permits for a fishery is less than the optimum number established under AS 16.43.290, the commission shall issue new entry permits to applicants who are presently able to engage actively in the fishery until the optimum number is reached. (b) The commission shall determine equitable methods of issuance, […]