Marshall Islands Marine Resources Authority (Amendment) Act 2018 (P.L. 2018-64). Country/Territory Marshall Islands Document type Legislation Date 2018 Source FAO, FAOLEX Long titleAn Act to amend Title 51, Chapter 1 of the Marshall Islands Revised Code as follows: (1) the President and the Cabinet shall have the authority to appoint and remove where necessary any members of the Board of Directors of the Marshall Islands Marine Resources Authority, (2) All payments out of the Fund shall be made in accordance with Section 124 of the Act below. Subject Fisheries Keyword Legal proceedings/administrative proceedings Education Financing Fishery management and conservation Fishing charge Fishing vessel Inspection Institution Monitoring Offences/penalties Research Special fund Geographical area Micronesia, Oceania, South Pacific Entry into force notes This Act enters into force on 15 March 2018. Abstract This Act amends Sections 113, 123 and 124 regarding the composition of the Board of Directors of the Marshall Islands Marine Resources Authority and the payments into or out of the Marshall Islands Marine Resources Authority Fund. Section 123 provides for the payments deposited into the Fund, including but not limited to: all payments for fisheries access; all administrative and criminal fines; and the proceeds of sale of fish seized and forfeited pursuant to violations of or offenses against this Act. According to Section 124 of the principal Act, payment may be made out of the Fund only for carrying out the powers and functions of the Authority, and in particular for fisheries monitoring, control and surveillance; training; research; and fisheries. The surplus funds which are generated from fisheries licenses, the Vessel Day Scheme, or any joint ventures between the Authority and any fishing operator, shall be transferred to the General Fund from the MIMRA Fund. Full text English Website rmiparliament.org References - Legislation Amends Marshall Islands Marine Resources Act 1997. Legislation | Marshall Islands | 1997 (2006) Keyword: Basic legislation, Fishery management and conservation, Marine fisheries, Foreign fishing, Institution, Access right, Policy/planning, Special fund, Registration, Artisanal fishing, Aquaculture, Mariculture, Enforcement/compliance, Offences/penalties, Fishing authorization, International trade, Fish disease, Animal health, Authorization/permit, Endangered species, Protection of species Source: FAO, FAOLEX