Regulations for Tuna Longline or Purse Seine Fishing Vessels Proceeding to the Pacific Ocean for Fishing Operation Article 37

In the event that the following requirements are met, bigeye tuna quota of a bigeye tuna group fishing vessel may be transferred to other fishing vessel(s) of the bigeye tuna group, through the coordination of the Tuna Association, which reports to the competent authority for approval:(1) The bigeye tuna quota of the receiving fishing vessel shall not exceed 330 metric tons after the transfer.(2) Any punishment pursuant to Article 35, 36, or 40 of the Act has not been imposed on both the transferring and receiving fishing vessels in the current year.(3) In case that a fine or the suspension of the fishing license has been imposed in the current year on the transferring or receiving fishing vessel pursuant to Article 41 of the Act, such punishment has been paid or executed completely.