Regulations for Tuna Longline Fishing Vessels Proceeding to the Indian Ocean for Fishing Operation Article 30

In the event that the following requirements are met, bigeye tuna or yellowfin tuna quota of a tuna longline fishing vessel may be transferred to other tuna longline fishing vessel(s), through the coordination of the Tuna Association in the case of large scale longliner, or the Longline Association in the case of small scale longliner, which reports to the competent authority for approval:(1) The bigeye tuna or yellowfin tuna quota of the receiving fishing vessel shall not exceed the limits as stipulated in Article 24-1 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.The quota transfer as referred to in the preceding paragraph shall be limited to transfers among large scale longliners or among small scale longliners.