Sec. 105. Modifications to the annual catch limit requirement
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Section 302 ( 16 U.S.C. 1852 ) is amended by adding at the end the following: Notwithstanding subsection (h)(6), in the case of a stock of fish for which the total annual catch limit is 25 percent or more below the overfishing limit, a peer-reviewed stock survey and stock assessment have not been performed during the preceding 5 fishing years, and the stock is not subject to overfishing, a Council may, after notifying the Secretary, maintain the current annual catch limit for the stock until a peer-reviewed stock survey and stock assessment are conducted and the results can be considered by the Council and its scientific and statistical committee.
For purposes of subsection (h)(6), a Council may establish— an annual catch limit for a stock complex; or annual catch limits for each year in any continuous period that is not more than 3 years in duration. Nothing in this subsection shall be construed as providing an exemption from the requirements of section 301(a) of this Act. . Section 304 ( 16 U.S.C. 1854 ) is amended— by striking
(i)and inserting International overfishing .—
(j); International overfishing .— in subsection (j)(1), as redesignated, by inserting shall before immediately ; and by adding at the end the following: Not later than 2 years after the date that the Secretary receives notice from a Council under section 302(m), the Secretary shall complete a peer-reviewed stock survey and stock assessment of the applicable stock of fish and transmit the results of the survey and assessment to the Council. .
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