Displaying 1 - 20 of 20

Paragraphs in "Federated States Of Micronesia Arrangement For Regional Fisheries Access" coded as FINAD

Label Provision
Art.8 Article 8 Meetings of the Parties
Art.8.1 1. The Parties agree to convene an Annual Meeting of the Parties. The Annual Meeting shall be convened immediately preceding or following the annual meeting of the Parties to the Nauru Agreement. The purposes of the Annual Meeting shall be:
Art.8.1.a to review the operations of all vessels entered on the Register of Eligible Fishing Vessels and assess the extent to which each vessel, or fishing enterprise, as appropriate, has satisfied the eligibility criteria and fulfilled the objectives of this Arrangement;
Art.8.1.b to review the eligibility criteria;
Art.8.1.c to adopt amendments to this Arrangement;
Art.8.1.d to review the level of fees for regional access licences to discuss cooperative enforcement measures;
Art.8.1.e to consider the effectiveness of the observer programme established pursuant to Article 17 and to adopt procedures for the implementation of the programme;
Art.8.1.f to consider and approve an administrative costs budget, which shall consist only of the direct costs of performing functions and providing services in accordance with this Arrangement;
Art.8.1.g to consider requests to accede to this Arrangement by member States of the Forum Fisheries Agency pursuant to Article 22(2); and
Art.8.1.h to perform any other functions to satisfy any requirement of this Arrangement or as are necessary to attain the objectives of this Arrangement.
Art.8.2 2. The Administrator shall, upon request by any Party, and with the approval of at least two other Parties, convene a Special Meeting of the Parties at the date and place determined by the Administrator in consultation with the Parties.
Art.8.3 3. Member countries of the South Pacific Forum Fisheries Agency, not Party to this Arrangement may attend, as observers, meetings of the Parties held pursuant to this Arrangement.
Art.8.4 4. The Parties shall adopt and amend, as necessary, rules of procedure for the Annual Meeting and Special Meetings of the Parties. Pending agreement on such rules of procedure, the rules of procedure applicable to meetings of the Forum Fisheries Committee shall apply.
Art.10 Article 10 Distribution of payments
Art.10.1 1. Any payment received by the Administrator pursuant to this Arrangement shall be deposited within one week of receipt in United States dollars in an insured or Government guaranteed bank account or accounts so that the deposits will earn the highest amount of interest reasonably available.
Art.10.2 2. The Administrator shall distribute any amount received pursuant to this Arrangement in the manner described in Annex VI.
Art.11 Article 11 Auditing of accounts
Art.11.1 1. The Administrator shall arrange for the auditor of the South Pacific Forum Fisheries Agency to audit any account in which amounts deposited in accordance with Article 10 are held, prior to the distribution of any amount in accordance with this Arrangement.
Art.11.2 2. The Administrator shall permit each Party to inspect any raw data, books and accounts which relate to the Administrator's functions pursuant to this Arrangement.