<Back to Chapter 8>

(1) See 50 CFR 679.40(a). The 20,000 pounds is actually a hypothetical IFQ based on 1994 TACs and the amount of QS outstanding on October 17, 1994. The halibut QS equivalent calculated for this blocking limit will be worth different amounts of IFQ from year-to-year as TACs and the QS outstanding change.

(2) The original sweep-up limit was 1,000 pounds. In April 1996 the NPFMC approved an amendment that increased the sweep-up limit to 3,000 pounds. This regulation is now incorporated into 50 CFR 679.41(e).(3). The 3,000 pounds of hypothetical IFQ was based upon 1996 TACs for and area and the QS pool as of January 31, 1996. The regulation translates the rule into a specific amount of QS units for each halibut area.

(3) The identification of sweepable QS for the table was based upon the new higher sweep-up levels approved in 1996. The actual sweep-up level was lower for 1995 and most of 1996.